Your email has been successfully added to our mailing list.

×
-0.000467726847521065 -0.00109136264421567 0.0027284066105394 0.00327408793264746 0.00265045213595263 -0.0137979420018709 -0.0183972560024945 -0.0177845338322419
Stock impact report

Freeport McMoRan shares fall after production miss, Grasberg setback weighs on outlook [Yahoo! Finance]

Freeport-McMoRan, Inc. (FCX) 
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Freeport-McMoRan Inc (NYSE:FCX, XETRA:FPMB) shares fell on Thursday after the US copper miner reported quarterly results that beat profit expectations but flagged weaker production and a slower-than-expected recovery at its key Indonesian mine. The company reported first-quarter adjusted earnings per share of $0.57, above analyst expectations of $0.47, while revenue rose to $6.23 billion compared with estimates of $5.96 billion. However, investors focused on a sharp decline in production. Copper output fell 24% year-over-year to 662 million pounds in the quarter, while gold production also declined, reflecting disruptions linked to last year's fatal mudslide at the Grasberg mine in Indonesia. Freeport said consolidated copper sales totaled 657 million pounds, while gold sales came in at 121,000 ounces. The company also reported molybdenum production of 22 million pounds. Capital expenditures for fiscal 2026 are expected at $4.3 billion. The production miss and revised outlo Show less Read more
Impact Snapshot
Event Time:
FCX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for FCX alerts
Opt-in for
FCX alerts

from News Quantified
Opt-in for
FCX alerts

from News Quantified