Freeport-McMoRan (FCX) Projected to Announce Quarterly Earnings on Wednesday

Freeport-McMoRan (NYSE:FCX) is anticipated to issue its Q2 2026 results before the market opens on Wednesday, July 22nd. Analysts expect Freeport-McMoRan to post earnings of $0.60 per share and revenue of $6.7130 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 10:00 AM ET.

Freeport-McMoRan (NYSE:FCX) last issued its earnings results on Thursday, April 23rd. The natural resource company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.47 by $0.10. The company had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $5.73 billion. Freeport-McMoRan had a return on equity of 9.88% and a net margin of 10.34%.The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.24 EPS. On average, analysts expect Freeport-McMoRan to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Freeport-McMoRan Stock Up 0.1%

FCX stock opened at $58.44 on Monday. Freeport-McMoRan has a 1-year low of $35.15 and a 1-year high of $72.28. The business’s 50 day simple moving average is $63.87 and its 200 day simple moving average is $62.01. The company has a current ratio of 2.39, a quick ratio of 1.13 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $84.02 billion, a PE ratio of 31.09, a PEG ratio of 0.58 and a beta of 1.37.

Freeport-McMoRan Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Wednesday, July 15th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, July 15th. Freeport-McMoRan’s payout ratio is 15.96%.

Analysts Set New Price Targets

FCX has been the topic of several research reports. Wells Fargo & Company decreased their price objective on shares of Freeport-McMoRan from $77.00 to $68.00 and set an “overweight” rating on the stock in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Freeport-McMoRan in a research note on Friday, May 15th. Raymond James Financial reduced their target price on shares of Freeport-McMoRan from $72.00 to $68.00 and set an “outperform” rating for the company in a report on Friday, April 24th. The Goldman Sachs Group decreased their price target on shares of Freeport-McMoRan from $75.00 to $74.00 and set a “buy” rating on the stock in a research note on Wednesday, July 8th. Finally, HSBC increased their price target on shares of Freeport-McMoRan from $72.00 to $75.00 in a report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $68.77.

Institutional Trading of Freeport-McMoRan

A number of institutional investors have recently bought and sold shares of the business. Kemnay Advisory Services Inc. bought a new position in shares of Freeport-McMoRan during the fourth quarter worth approximately $29,000. JPL Wealth Management LLC bought a new stake in shares of Freeport-McMoRan in the third quarter valued at approximately $33,000. Acumen Wealth Advisors LLC bought a new stake in shares of Freeport-McMoRan in the fourth quarter valued at approximately $48,000. Galaxy Group Investments LLC acquired a new stake in Freeport-McMoRan during the fourth quarter worth approximately $51,000. Finally, Sfam LLC acquired a new stake in Freeport-McMoRan during the fourth quarter worth approximately $52,000. Institutional investors own 80.77% of the company’s stock.

About Freeport-McMoRan

Freeport-McMoRan Inc is a U.S.-based natural resources company primarily engaged in the exploration, mining and processing of copper, gold and molybdenum. Its operations encompass large-scale open-pit and underground mining as well as associated concentrator and milling facilities. The company produces copper in the form of concentrates and cathodes, and also recovers gold and molybdenum as co-products; its business model includes exploration, development, mining, beneficiation and the sale of bulk commodities to smelters and industrial customers.

Freeport-McMoRan conducts operations and development activities across multiple geographies, with substantial assets in the Americas and Indonesia.