Freeport-McMoRan (FCX) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.31 per share a year ago.
The copper and gold miner said fourth-quarter production was significantly hurt by the ongoing suspension of operations at one of its mines, though higher prices for precious metals helped boost profit.
Freeport and BHP Group capitalize on favorable copper prices, both pushing ahead with growth projects leveraging strong financial health.
Freeport-McMoRan Inc (NYSE:FCX) is gearing up for its fourth-quarter earnings report, due out ahead of the open on Thursday, Jan. 22.
FCX's fourth-quarter results are expected to reflect the benefits of higher realized copper prices amid cost and volume pressures.
In a year that will be etched in memory on trading floors and in conference rooms, copper has skyrocketed to levels that few anticipated just a year back. As of early January 2026, benchmark copper futures on the London Metal Exchange (LME) have consistently surpassed the $13,000 per metric ton threshold—trading close to all-time highs and reflecting an annual gain exceeding 40% in 2025, the strongest surge since the booming years of the late 2000s.
FCX advances major expansion projects, lifting copper capacity and output as its organic pipeline targets the next growth phase.
In the latest trading session, Freeport-McMoRan (FCX) closed at $58.71, marking a -2.08% move from the previous day.
Freeport-McMoRan (FCX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the latest trading session, Freeport-McMoRan (FCX) closed at $60.35, marking a +1.7% move from the previous day.
Freeport-McMoRan (FCX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The copper market has surged in recent weeks, with producers and miners posting double-digit gains as investors position for infrastructure spending and energy transition demand.