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.
Why Did Jefferies Give Freeport-McMoRan Inc (FCX) Stock Hold Rating?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.58% of Freeport-McMoRan Inc (FCX)’s shares, while financial institutions hold 84.57%.
Freeport-McMoRan’s Positive Outlook Justifies Buy Rating Amid Strategic Growth Initiatives
Carlos De Alba, an analyst from Morgan Stanley, maintained the Buy rating on Freeport-McMoRan (FCX – Research Report). The associated price
Freeport-McMoRan: Q4 Earnings Snapshot
The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. The mining company posted revenue of $5.72 billion in the period, which fell short of Street forecasts.
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.
Neutral Hold Rating for Freeport-McMoRan Amidst High Capital Expenditure and Mixed Outlook
In a report released yesterday, Alexander Hacking from Citi maintained a Hold rating on Freeport-McMoRan (FCX – Research Report), with a price
Despite Short-Term Risks Freeport McMoran Worth a Look
Freeport-McMoRan Inc. (NYSE: FCX) stock shares are down nearly 4% (3.96%) after the company released its fourth quarter and full-year 2024 earnings report on January 23. The stock is off its session lows in midday trading,
Freeport-McMoRan's copper production slips in Indonesia; shares fall
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Freeport-McMoRan Inc. stock underperforms Friday when compared to competitors
This was the stock's third consecutive day of losses.
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 ...
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 at Jefferies as next breakout will take time
Freeport McMoRan (FCX) stock downgraded by Jefferies to Hold with $40 price target, citing challenges in Indonesia and ...
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.
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 ...
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FCX Freeport-McMoRan Inc.
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals.
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 ...