Freeport-McMoRan's copper production slips in Indonesia; shares fall
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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.
Freeport-McMoRan takes Wall Street hit after Q4 report
Phoenix-based copper mining giant Freeport-McMoRan Inc. (NYSE: FCX) had a mixed fourth quarter in 2024, with revenue coming up short of Wall Street analysts’ expectations but earnings beating them.
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 production.Copper prices climbed in the quarter, buoyed by signs of increased stimulus in top consumer China,
Freeport-McMoRan Misses Q4 Revenue Estimates, Shares Slide As Copper Sales And Revenue Decline
FCX stock down after Q4 results: revenue misses, copper sales slightly above estimate, adjusted EPS beats consensus, company expects strong future with large-scale assets, growth opportunities, and balanced copper market.
Freeport-McMoRan: Q4 Earnings Snapshot
PHOENIX (AP) — PHOENIX (AP) — Freeport-McMoRan Inc. (FCX) on Thursday reported fourth-quarter earnings of $274 million. The Phoenix-based company said it had net income of 19 cents per share. Earnings, adjusted for non-recurring costs, came to 31 cents per share.
Freeport-McMoRan Inc. Q4 Income Declines, Misses Estimates
Freeport-McMoRan Inc. (FCX) released a profit for fourth quarter that decreased from last year and missed the Street estimates. The
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 (NYSE:FCX) -2.6% in Thursday's trading after better than expected Q4 adjusted earnings were overshadowed by lower copper production and full-year guidance that missed estimates. Freeport (FCX) reported Q4 net income fell to $274M,
Freeport's Earnings Surpass Estimates in Q4, Revenues Miss
Freeport-McMoRan Inc. FCX recorded net income of $274 million or 19 cents per share for fourth-quarter 2024, down around 29.3% from $388 million or 27 cents in the year-ago quarter. Barring one-time items,
Freeport-McMoRan beats fourth-quarter profit estimates
Miner Freeport-McMoRan beat fourth-quarter profit estimates on Thursday, helped by higher copper prices. Average copper ...
Freeport-McMoRan downgraded to Hold from Buy at Jefferies
Jefferies downgraded Freeport-McMoRan (FCX) to Hold from Buy with a price target of $40, down from $48. The firm cites the company’s ongoing ...
Freeport-McMoRan: Time For A Checkup With Dr. Copper (Technical Analysis)
McMoRan's diversified production and future automation plans position it well for long-term growth and cost reduction. Read ...
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 ‘not interested’ in engaging in any M&A bidding process
EST Freeport-McMoRan (FCX) says ‘not interested’ in engaging in any M&A bidding processInvest with Confidence: Follow TipRanks' Top ...
Freeport, Alcoa Stocks Fall. Tariff Worries Overshadow Strong Earnings.
Shares of commodity producers Alcoa and Freeport-McMoRan fell after the companies posted solid fourth-quarter earnings.