What To Expect From Freeport-McMoRan Stock's Q2?

Company Overview - Freeport-McMoRan (NYSE:FCX) is set to announce its earnings on July 23, 2025, with consensus earnings estimated at approximately $0.44 per share and projected revenues rising by nearly 5% compared to the same quarter last year, driven by higher copper prices and consistent production from its Grasberg mine [2] - The company currently has a market capitalization of $65 billion, with revenues of $25 billion over the past twelve months, operating profits of $6.5 billion, and a net income of $1.8 billion [3] Earnings and Market Performance - Historical data shows that Freeport-McMoRan has recorded 19 earnings data points over the last five years, with 10 positive and 9 negative one-day (1D) returns, resulting in positive 1D returns occurring about 53% of the time [5] - The percentage of positive 1D returns increases to 67% when considering the last 3 years, with a median of 3.3% for positive returns and -3.0% for negative returns [5] Investment Strategy Insights - A relatively lower-risk approach involves analyzing the correlation between short-term and medium-term returns after earnings, allowing traders to position themselves based on the strength of the correlation [6] - The Trefis High Quality portfolio has outperformed the S&P 500, achieving returns exceeding 91% since its inception, providing an alternative for investors seeking upside with lower volatility than individual stocks [3][7]