FCX - Freeport-McMoRan Stock Dips While Market Gains: Key Facts | Benzinga
Freeport-McMoRan (NYSE: FCX) closed at $47.26 in the latest trading session, marking a -1.77% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.77%. Meanwhile, the Dow gained 0.49%, and the Nasdaq, a tech-heavy index, added 0.95%.
The the stock of mining company has fallen by 11.29% in the past month, lagging the Basic Materials sector's loss of 5.19% and the S&P 500's gain of 3.71%.
Investors will be eagerly watching for the performance of Freeport-McMoRan in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.45, marking a 28.57% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $6.01 billion, indicating a 4.76% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates ...