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Compared to Estimates, Freeport-McMoRan (FCX) Q1 Earnings: A Look at Key Metrics
FCXFreeport-McMoRan(FCX) Zacks Investment Research·2024-04-23 15:01

Freeport-McMoRan (FCX) reported 6.32billioninrevenueforthequarterendedMarch2024,representingayearoveryearincreaseof17.36.32 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 17.3%. EPS of 0.32 for the same period compares to 0.52ayearago.Thereportedrevenuerepresentsasurpriseof+11.740.52 a year ago.The reported revenue represents a surprise of +11.74% over the Zacks Consensus Estimate of 5.66 billion. With the consensus EPS estimate being $0.27, the EPS surprise was +18.52%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...