Mark your calendars for Tuesday 22nd October 2024, as Freeport-McMoRan (NYSE: FCX) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.
Financial analysts on Wall Street are predicting that the firm is expected to report an estimated per share $0.35 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $6.47 billion during this period.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $0.39. Moreover, the company achieved a remarkable total revenue of $5.82 billion during that quarter.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $26.17 billion. Additionally, they are expecting the company to achieve per share profit of $1.6 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.46 | +31.4% | 6.62 B | +15.5% |
| Q1 2024 | $0.32 | -38.5% | 6.32 B | +17.3% |
| Q4 2023 | $0.27 | -48.1% | 5.91 B | +2.6% |
| Q3 2023 | $0.39 | +50.0% | 5.82 B | +16.4% |
| Q2 2023 | $0.35 | -39.7% | 5.74 B | +5.9% |
| *Growth on year-over-year basis | ||||
FCX will host a conference call with investment community on 22nd October 2024 at 10:00 AM eastern time to discuss the financial results.
Freeport-McMoRan (FCX) shares traded as low as $48.16 and as high as $49.10 on a day volume of 8.82 million shares, closed Friday's regular trading session at $48.18, a rise of 0.48 percent.
