Preview: Freeport-McMoRan's Earnings
Portfolio Pulse from Benzinga Insights
Freeport-McMoRan (NYSE:FCX) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an EPS of $0.34. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $40.41, up 36.97% over the last 52-week period.
July 19, 2023 | 3:03 pm
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NEUTRAL IMPACT
Freeport-McMoRan is expected to report an EPS of $0.34 in its upcoming earnings. The stock has shown mixed reactions to past earnings, but is up 36.97% YoY.
The upcoming earnings report is a significant event for Freeport-McMoRan. While the stock has shown mixed reactions to past earnings, the overall trend is positive with a 36.97% increase YoY. However, the impact of the earnings report on the stock price can be unpredictable, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100