First Quantum Minerals (FQVLF) Q2 Earnings and Revenues Top Estimates

Core Insights - First Quantum Minerals reported quarterly earnings of $0.02 per share, exceeding the Zacks Consensus Estimate of a loss of $0.03 per share, compared to a loss of $0.02 per share a year ago [1] - The company achieved an earnings surprise of +166.67%, having previously been expected to post a loss of $0.06 per share but instead delivered break-even earnings [2] - Revenues for the quarter ended June 2025 were $1.23 billion, surpassing the Zacks Consensus Estimate by 11.23%, consistent with year-ago revenues [3] Financial Performance - Over the last four quarters, First Quantum Minerals has consistently surpassed consensus EPS estimates [2] - The company has also topped consensus revenue estimates four times in the last four quarters [3] - Year-to-date, First Quantum Minerals shares have increased by approximately 38.4%, significantly outperforming the S&P 500's gain of 7.3% [4] Future Outlook - The company's earnings outlook is crucial for assessing future stock performance, with current consensus EPS estimates at $0.06 for the upcoming quarter and $0.10 for the current fiscal year, alongside projected revenues of $1.49 billion and $4.94 billion respectively [8] - The estimate revisions trend for First Quantum Minerals was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [7] - The Mining - Non Ferrous industry, to which First Quantum Minerals belongs, is currently ranked in the top 17% of over 250 Zacks industries, suggesting a favorable industry outlook [9]