Preview: First Quantum Minerals's Earnings
Portfolio Pulse from Benzinga Insights
First Quantum Minerals (OTC:FQVLF) is set to release its quarterly earnings report on Tuesday, 2023-10-24. Analysts estimate an earnings per share (EPS) of $0.26. The company's past performance shows a trend of share price increase following the earnings release, even when the EPS missed the estimate. The shares were trading at $21.97 as of October 20, with a 52-week increase of 17.5%.
October 23, 2023 | 3:01 pm
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First Quantum Minerals is expected to announce its Q3 earnings on Oct 24. The company's stock price has historically increased following earnings announcements, regardless of whether the EPS met or missed estimates.
The company's stock price has shown a trend of increasing following earnings announcements, even when the EPS missed estimates. This suggests that investors have confidence in the company's overall performance and future growth, which could lead to a positive impact on the stock price following the upcoming earnings announcement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100