
Freeport-McMoRan Inc. (FCX), headquartered in Phoenix, Arizona, is a leading international metals company with the objective of being foremost in copper. With a market cap of $54.7 billion, the company mines mineral properties exploring copper, gold, molybdenum, silver, and other metals. The leading international metals company is expected to announce its fiscal fourth-quarter earnings for 2024 on Wednesday, Jan. 22.
Ahead of the event, analysts expect FCX to report a profit of $0.38 per share on a diluted basis, up 40.7% from $0.27 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.