Freeport (FCX) to Report Q2 Earnings: What’s in the Offing? – Investing.com
- Date: 19-Jul-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Freeport (FCX) to Report Q2 Earnings: What’s in the Offing? – Investing.com
Freeport-McMoRan (NYSE:) Inc. FCX is set to release second-quarter 2021 results on before the opening bell on Jul 22.
The mining giant’s earnings beat the Zacks Consensus Estimate in two of the last four quarters, while missed once and were in-line on the other occasion. It has a trailing four-quarter earnings surprise of roughly 54.6%, on average. Freeport’s second-quarter results are likely to reflect the benefits of higher prices and lower costs.
The stock has rallied 147.2% in the past year compared with the industry’s 78.6% rise.
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