Freeport-McMoRan's copper production slips in Indonesia; shares fall
(Reuters) -Copper miner Freeport-McMoRan posted a drop in fourth-quarter production on Thursday and said that its costs would rise more than expected this year, sending the company's shares down more than 4%.
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.
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 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: Q4 Earnings Snapshot
PHOENIX (AP) — PHOENIX (AP) — Freeport-McMoRan Inc. (FCX) on Thursday reported fourth-quarter net income 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.
6FCX : Earnings Breakdown: Freeport-McMoRan Q4
The Q4 earnings report for Freeport-McMoRan FCX was released on Thursday, January 23, 2025 at 08:00 AM. Here's what investors need to know about the latest announcement. Freeport-McMoRan beat estimated earnings by 41.0%, reporting an EPS of $0.31 versus an estimate of $0.22.
Freeport-McMoRan says copper has ‘highly-attractive’ fundamental outlook
Says achieved approx. 50% increase in incremental copper from leach initiative in 2024. Says North America volumes and costs expected to
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-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 says will continue to deploy capital to ‘build long-term value’
Says targeting investment decision on Bagdad by year-end. Says commenced PFS study at Lone Star with expected completion by mid-2026. Says ...
After Falling 25%, What's Next For Freeport?
Freeport-McMoRan (NYSE: FCX), one of the largest producers of copper, has seen its stock underperform over the last three ...
Freeport-McMoRan Misses Q4 Revenue Estimates, Shares Slide As Copper Sales And Revenue Decline
Freeport-McMoRan Inc. (NYSE:FCX) shares are trading lower after the company reported fourth-quarter FY24 results. Revenue stood at $5.72 billion, missing the consensus of $5.99 billion. Copper sales ...
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 ...
Freeport-McMoRan Inc. (FCX) Q4 2024 Earnings Call Transcript
Q4 2024 Earnings Conference Call January 23, 2025 10:00 AM ETCompany ParticipantsDavid Joint - Vice President, ...