Freeport-McMoRan has drawn significant investor attention and currently carries a Zacks Rank #3, indicating a Hold rating and suggesting near-term performance in line with the broader market. The consensus earnings estimate for the current quarter stands at $0.60 per share, up 11.1% year-over-year, while the full-year estimate of $2.56 reflects a 44.6% increase but has edged down 0.2% over the past 30 days. For the next fiscal year, the estimate of $3.50 per share has risen 1.9% in the past month. Revenue projections show a 16% decline for the current quarter to $6.37 billion, though full-year sales are expected to grow 6.1% to $27.5 billion. The stock has lost 2.8% over the past month, outperforming its industry's 3.6% decline but trailing the S&P 500's 1.4% drop.
Freeport-McMoran Copper & Gold IncMixed earnings revisions and Hold rating; estimates show some upward but also downward revisions, stock performance mixed.