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 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 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 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 Inc. stock underperforms Friday when compared to competitors
This was the stock's third consecutive day of losses.
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 ...
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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.
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 price target lowered to $50 from $54 at BMO Capital
BMO Capital lowered the firm’s price target on Freeport-McMoRan (FCX) to $50 from $54 but keeps an Outperform rating on the shares after its Q4 ...
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 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 ...
Positive Long-term Outlook for Freeport-McMoRan Amid Strategic Growth Initiatives
Katja Jancic, an analyst from BMO Capital, assigned the Buy rating on Freeport-McMoRan (FCX – Research Report). The associated price target is ...
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What’s Fueling Freeport-McMoRan Inc (FCX) Stock’s -12.80% Loss Below Its 200-Day SMA?
Freeport-McMoRan Inc (FCX) stock saw a modest uptick, ending the day at $40.22 which represents a slight increase of $0.19 or 0.47% from the prior close of $40.03. The stock opened at $40.09 and ...
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 ...