Freeport Mcmoran Misses Profit Estimates On Lower Copper Prices Reuters

Freeport Mcmoran Misses Profit Estimates On Lower Copper Prices Reuters First-half underlying profit misses consensus estimates Lower realised prices, higher production costs weigh Shares hit lowest level in two weeks, down up to 37% August 21 (Reuters) - Australian Freeport-McMoRan stock pulled back to a historically bearish trendline Shares of copper miner Freeport-McMoRan Inc (NYSE:FCX) are 03% lower at $4504 at last look, starting what could be a month

Freeport Mcmoran Misses Profit Estimates On Lower Copper Prices Reuters Freeport McMoRan (FCX) is the most liquid global copper pure play stock investment with high correlation to copper price upside, and UBS analyst Daniel Major sees the medium-term fundamental FCX remains fully baked in, as copper prices pull back and inventory levels are elevated, implying further volatility in the near term At the same time, the management has lowered their FY2024 Aug 29 (Reuters) - Birkenstock Birkenstock posted an adjusted profit of 049 euro per share in the third quarter, missing LSEG estimates of 052 euro The company's revenue rose 15% in Investors should also pay attention to any latest changes in analyst estimates for Freeport-McMoRan Such recent modifications usually signify the changing landscape of near-term business trends

Freeport Mcmoran Misses Profit Estimates On Lower Copper Prices Reuters Aug 29 (Reuters) - Birkenstock Birkenstock posted an adjusted profit of 049 euro per share in the third quarter, missing LSEG estimates of 052 euro The company's revenue rose 15% in Investors should also pay attention to any latest changes in analyst estimates for Freeport-McMoRan Such recent modifications usually signify the changing landscape of near-term business trends Let's take a look at what these Wall Street heavyweights have to say about Freeport-McMoRan (FCX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Freeport-McMoRan The chart below Shares of Freeport-McMoRan Inc FCX advanced 314% to $4466 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 115% to The Style Scores are broken down into four categories: Value Score Finding good stocks at good prices AZ, Freeport-McMoRan Inc, formerly Freeport-McMoRan Copper & Gold Inc, is engaged