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Freeport-McMoRan's Q4 earnings missed revenue forecasts but beat EPS expectations, leading to a drop in its stock price.
Freeport-McMoRan reported Q4 FY24 earnings, with revenue of $5.72 billion falling short of expectations but adjusted EPS of $0.31 exceeding forecasts.
The company's shares fell after the report, despite strong cash flow and a positive outlook for 2025.
Analysts have mixed ratings, with a consensus of "Moderate Buy" and a target price of $52.42.
Freeport-McMoRan focuses on copper, gold, and molybdenum mining across North America, South America, and Indonesia.
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Las ganancias Q4 de Freeport-McMoRan perdieron las previsiones de ingresos, pero superaron las expectativas de EPS, lo que llevó a una caída en su precio de acciones.