Freeport-McMoRan Inc reports results for the quarter ended June 30 - Earnings Summary

Freeport-McMoRan

23/07/2026 14:32

Freeport-McMoRan Inc FCX.N reported quarterly adjusted earnings of 74 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 54 cents.  The mean expectation of nineteen analysts for the quarter was for earnings of 59 cents per share. Wall Street expected results to range from 39 cents to 78 cents per share.
Revenue fell 7.3% to $7.03 billion from a year ago; analysts expected $6.76 billion. 
Freeport-McMoRan Inc's reported EPS for the quarter was 68 cents​.
The company reported quarterly net income of $984 million.
Freeport-McMoRan Inc shares had risen by 3.4% this quarter and gained 28.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.6% 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 21 "strong buy" or "buy," 4 "hold" and 1 "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 Freeport-McMoRan Inc is $74.00, about 12.2% above its last closing price of $65.00
This summary was machine generated from LSEG data July 23 at 01:31 p.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 
0.59
0.74
Beat
Mar. 31 2026 
0.46
0.57
Beat
Dec. 31 2025 
0.29
0.47
Beat
Sep. 30 2025 
0.41
0.50
Beat