What's Next: First Quantum Minerals's Earnings Preview
Portfolio Pulse from Benzinga Insights
First Quantum Minerals (OTC:FQVLF) is set to release its quarterly earnings report on October 22, 2024. Analysts expect an EPS of $0.02. The market is hopeful for results that surpass estimates and positive guidance for the next quarter. The company's shares have been down 39.15% over the past year.
October 21, 2024 | 2:01 pm
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First Quantum Minerals is expected to report an EPS of $0.02. The market is optimistic about surpassing estimates and receiving positive guidance. Previous earnings beats have led to share price increases.
The anticipation of earnings and potential positive guidance can drive the stock price up. Historically, earnings beats have resulted in share price increases, suggesting a positive short-term impact if expectations are met or exceeded.
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