First Quantum Minerals Ltd reports results for the quarter ended June 30 - Earnings Summary
First Quantum Minerals Ltd reports results for the quarter ended June 30 - Earnings Summary
First Quantum Minerals Ltd FM.TO reported a quarterly adjusted loss of 13 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from -17 cents to 25 cents per share.
Revenue rose 24.1% to $1.52 billion from a year ago; analysts expected $1.42 billion.
First Quantum Minerals Ltd's reported EPS for the quarter was 16 cents.
The company reported quarterly net income of $136 million.
First Quantum Minerals Ltd shares had fallen by 0.9% this quarter and gained 4.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 8.3% in the last three months.
In the last 30 days, five analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialty mining & metals peer group is also "buy"
Wall Street's median 12-month price target for First Quantum Minerals Ltd is C$48.00, about 21.9% above its last closing price of C$37.51
This summary was machine generated from LSEG data July 29 at 12:08 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.31 | 0.16 | Missed |
Mar. 31 2026 | 0.36 | 0.50 | Beat |
Dec. 31 2025 | 0.35 | 0.04 | Missed |
Sep. 30 2025 | 0.63 | 1.43 | Beat |
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