Published on 18 Apr 2024 on Zacks via Yahoo Finance
Freeport-McMoRan Inc. FCX is set to release first-quarter 2024 results before the opening bell on Apr 23.The mining giant’s earnings beat the Zacks Consensus Estimate in each of the last four quarters. It has a trailing four-quarter earnings surprise of roughly 21.5%, on average. Freeport is expected to have gained from its efforts to increase mining rates, the strength in copper prices and lower costs in the first quarter.The stock has gained 18.9% in the past year compared with the industry’s 25.1% rise.
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