Freeport-McMoRan (FCX) Q4 2024 Earnings Call Transcript
Good morning, everyone, and welcome to the Freeport conference call. Earlier this morning, FCX reported its fourth-quarter and full-year 2024 operating and financial results. A copy of today's release with supplemental schedules and slides are available on our website, fcx.com. Today's conference call is being broadcast live on the Internet.
Why Did Jefferies Give Freeport-McMoRan Inc (FCX) Stock Hold Rating?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.58% of Freeport-McMoRan Inc (FCX)’s shares, while financial institutions hold 84.57%.
What's Going On With Freeport-McMoRan (FCX) Stock Ahead Of Q4 Earnings Report?
Freeport-McMoRan exceeded market expectations in Q3 with $6.79 billion in revenue and strong copper and gold sales. The company expects strong Q4 results with 1 billion pounds of copper and 450 thousand ounces of gold.
Freeport McMoRan slips as 2025 copper guidance miss outweighs Q4 earnings beat
Freeport McMoRan reports better than expected Q4 earnings but lower copper production, while also missing estimates for 2025 copper guidance.
Neutral Hold Rating for Freeport-McMoRan Amidst High Capital Expenditure and Mixed Outlook
In a report released yesterday, Alexander Hacking from Citi maintained a Hold rating on Freeport-McMoRan (FCX – Research Report), with a price
Freeport-McMoRan beats fourth-quarter profit estimates
Miner Freeport-McMoRan (FCX.N), opens new tab beat fourth-quarter profit estimates on Thursday, helped by higher copper prices. Average copper prices rose in the fourth quarter, helped by signs of more stimulus in top consumer China,
Freeport-McMoRan: Q4 Earnings Snapshot
The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. The mining company posted revenue of $5.72 billion in the period, which fell short of Street forecasts.
Freeport-McMoRan: Strong Q4 Earnings and Bullish Copper Outlook Justify Buy Rating
Freeport-McMoRan (FCX – Research Report), the Basic Materials sector company, was revisited by a Wall Street analyst yesterday. Analyst Lawson
Freeport-McMoRan's profit beats estimates due to rising copper prices
(Reuters) -Copper miner Freeport-McMoRan posted a better-than-expected fourth-quarter profit on Thursday, as higher prices for the metal offset a drop in production in the company's Indonesian operations.
Freeport-McMoRan takes Wall Street hit after Q4 report
Phoenix-based copper mining giant Freeport-McMoRan Inc. had a mixed fourth quarter in 2024, with revenue coming up short of Wall Street analysts’ expectations but earnings beating them.
Despite Short-Term Risks Freeport McMoran Worth a Look
Freeport-McMoRan Inc. (NYSE: FCX) stock shares are down nearly 4% (3.96%) after the company released its fourth quarter and full-year 2024 earnings report on January 23. The stock is off its session lows in midday trading,
Freeport-McMoRan beats Q4 profit estimates helped by higher copper prices
McMoRan beat fourth-quarter profit estimates on Thursday, as higher copper prices helped offset the impact of lower ...
Freeport-McMoRan Inc. stock underperforms Friday when compared to competitors
This was the stock's third consecutive day of losses.
Freeport-McMoRan: Swing Trade Potential Remains - Supply Tightness Likely To Ease
FCX's swing trade potential has been excellent, as observed in the established support and resistance levels, thanks to the ...
Freeport-McMoRan, Clearway Energy And A Financial Stock On CNBC's 'Final Trades'
Bill Baruch of Blue Line Capital said copper is going higher and Freeport-McMoRan will follow after reporting Q4 revenue of ...
Freeport Posts Drop in 4Q Net, Sees Indonesian Smelter Starting Mid 2025
Freeport-McMoRan posted a sharp decline in fourth-quarter earnings on diminished copper-and-gold production, but the miner said a long-awaited smelter project at a sprawling Indonesian mine would soon ...
Freeport-McMoRan says Indonesia smelter start-up activities expected mid-year
Says team executed plans ‘in solid fashion’ in FY24. Says team focused on ‘opportunities to continuously improve’. Says committed to ‘strong ...
grantcountybeat6h
Freeport-McMoRan Foundation Announces 2024 Grant County Community Investment Fund Recipients
Since 2012, $6.2 million has been invested through the Freeport-McMoRan Foundation Community Investment Fund in Grant County. The funds have been awarded to programs and projects that help foster ...
Freeport-McMoRan's Copper Sales Fall Sparks Mixed Analyst Reactions, Long-Term Upside Remains In Play
Analysts lower price forecast for FCX after Q4 results, with JP Morgan reiterating $48 target and Neutral rating. Sales fell ...