First Quantum Minerals (FQVLF) Reports Q3 Loss, Lags Revenue Estimates

Core Insights - First Quantum Minerals reported a quarterly loss of $0.02 per share, missing the Zacks Consensus Estimate of $0.08, and a decline from earnings of $0.14 per share a year ago, resulting in an earnings surprise of -125.00% [1] - The company posted revenues of $1.35 billion for the quarter ended September 2025, which was 6.47% below the Zacks Consensus Estimate, but an increase from $1.28 billion year-over-year [2] - First Quantum Minerals shares have increased by approximately 68.3% year-to-date, significantly outperforming the S&P 500's gain of 16.9% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.10 on revenues of $1.41 billion, and for the current fiscal year, it is $0.20 on revenues of $5.16 billion [7] - The estimate revisions trend for First Quantum Minerals was favorable prior to the earnings release, resulting in a Zacks Rank 1 (Strong Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Mining - Non Ferrous industry, to which First Quantum Minerals belongs, is currently ranked in the top 7% of over 250 Zacks industries, suggesting a strong performance potential compared to lower-ranked industries [8] - Coeur Mining, another company in the same industry, is expected to report quarterly earnings of $0.25 per share, reflecting a year-over-year increase of +108.3%, with revenues anticipated to be $547 million, up 74.5% from the previous year [9][10]