https://www.nasdaq.com/articles/freeport-fcx-to-report-q3-earnings:-whats-in-the-cards
Freeport-McMoRan Inc. FCX is set to release third-quarter 2022 results before the opening bell on Oct 20.
The mining giant’s earnings beat the Zacks Consensus Estimate in two of the last four quarters, while missed twice. It has a trailing four-quarter earnings surprise of roughly 2.8%, on average.
Freeport’s third-quarter results are likely to have been impacted by higher unit net cash costs and lower copper and gold prices. However, the company is likely to have gained from higher mining rates.
The stock has lost 25.2% in the past year compared with the industry’s 29% decline.