| FCX |
Report |
Adjusted EPS |
BEAT |
pred ~$0.65 vs. cons $0.62 |
MEDIUM |
| FCX |
Report |
Revenue |
BEAT |
pred ~$6.56B vs. cons $6.47B |
MEDIUM |
| FCX |
Report |
Consolidated copper sales |
IN-LINE |
pred ~695M lb vs. cons 690M lb |
MEDIUM |
| FCX |
Guide |
FY26 consolidated copper sales |
UNCHANGED |
guide ~3.10B lb vs. cons 3.10B lb (FY26) |
MEDIUM |
| FCX |
Guide |
FY26 consolidated unit net cash cost |
UNCHANGED |
guide ~$1.95/lb vs. cons $1.95/lb (FY26) |
MEDIUM |
| FCX |
Guide |
Grasberg operating-rate trajectory |
UNCHANGED |
guide ~65% of capacity vs. cons 65% of capacity (2H26) |
MEDIUM |
| FCX |
Return |
Day-1 residual (stock − beta × S&P 500) |
+2.5% |
— |
MEDIUM |
| FCX |
Return |
5-day cumulative residual |
+3.5% (FOLLOW-THROUGH) |
A modest EPS/revenue beat plus maintained FY26 volume, cost, and Grasberg ramp assumptions should support upward revisions to out-period earnings and free-cash-flow estimates; the key is confirmation that the 2H26 ~65% Grasberg operating-rate plan remains intact. |
MEDIUM |