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Barchart
Barchart
Rashmi Kumari

What to Expect From Freeport-McMoRan's Next Quarterly Earnings Report

Based in Phoenix, Arizona, Freeport-McMoRan Inc. (FCX) is a critical player in mining, specializing in producing copper, gold, and molybdenum. With a market cap of $71.49 billion, Freeport-McMoRan operates large-scale, geographically diverse mining assets, serving industries ranging from construction to electronics. The company is set to announce its Q3 earnings on Thursday, Oct. 17.

Ahead of the event, analysts expect FCX to report a profit of $0.42 per share, up 7.7% from $0.39 in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in its last four quarterly reports.  

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