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FCX

Freeport-mcmoran Inc.

$51.2

Earnings Summary

Revenue
$6210Mn
Net Profits
$473Mn
Net Profit Margins
7.62%
PE Ratio
48.07

Highlights

Revenue:

Freeport-mcmoran Inc.’s revenue jumped 15.23% since last year same period to $6210Mn in the Q1 2024. On a quarterly growth basis, Freeport-mcmoran Inc. has generated 7.09% jump in its revenue since last 3-months.

Net Profits:

Freeport-mcmoran Inc.’s net profit fell -54.48% since last year same period to $473Mn in the Q1 2024. On a quarterly growth basis, Freeport-mcmoran Inc. has generated 21.91% jump in its net profits since last 3-months.

Net Profit Margins:

Freeport-mcmoran Inc.’s net profit margin fell -60.49% since last year same period to 7.62% in the Q1 2024. On a quarterly growth basis, Freeport-mcmoran Inc. has generated 13.84% jump in its net profit margins since last 3-months.

PE Ratio:

Freeport-mcmoran Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 48.07.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Freeport-mcmoran Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.38
EPS Estimate Current Year
0.38

Highlights

EPS Estimate Current Quarter:

Freeport-mcmoran Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.38 - a 46.15% jump from last quarter’s estimates.

EPS Estimate Current Year:

Freeport-mcmoran Inc.’s earning per share (EPS) estimates for the current year stand at 0.38.

Key Ratios

Key ratios of the Freeport-mcmoran Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
0.32
Return on Assets (ROA)
0.07
Return on Equity (ROE)
0.14
Dividend Per Share (DPS)
0.15

Highlights

Earning Per Share (EPS):

Freeport-mcmoran Inc.’s earning per share (EPS) fell -38.46% since last year same period to 0.32 in the Q1 2024. This indicates that the Freeport-mcmoran Inc. has generated -38.46% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Freeport-mcmoran Inc.’s return on assets (ROA) stands at 0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Freeport-mcmoran Inc.’s return on equity (ROE) stands at 0.14.

Dividend Per Share (DPS):

Freeport-mcmoran Inc. declared 0.15 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-08
0.26
0.32
23.08%