January 23, 2025
For the quarter ended December 2024, Freeport-McMoRan (FCX) reported revenue of $5.72 billion, down 3.1% over the same period last year. EPS came in at $0.31, compared to $0.27 in the year-ago quarter.
The reported revenue represents a surprise of -3.41% over the Zacks Consensus Estimate of $5.92 billion. With the consensus EPS estimate being $0.24, the EPS surprise was +29.17%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Freeport-McMoRan performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Freeport-McMoRan here>>>
Shares of Freeport-McMoRan have returned -0.3% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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