| FCX |
Report |
Copper Sales Volume (Q2 2026) |
BEAT |
pred ~700 Mlbs vs. cons 691 Mlbs |
MEDIUM |
| FCX |
Report |
Unit Net Cash Cost (Q2 2026) |
BEAT |
pred ~$2.05/lb vs. cons $2.09/lb |
MEDIUM |
| FCX |
Report |
Adj. EPS Diluted Operating (Q2 2026) |
BEAT |
pred ~$0.62 vs. cons $0.585 |
HIGH |
| FCX |
Guide |
FY 2026 Copper Vol Mlbs (FY 2026) |
UNCHANGED |
guide ~3,100 vs. cons 3,093 |
HIGH |
| FCX |
Guide |
FY 2026 Unit Net Cash Cost $/lb (FY 2026) |
UNCHANGED |
guide ~$1.95 vs. cons $1.92 |
MEDIUM |
| FCX |
Guide |
Grasberg ramp qualitative (FY 2026) |
UNCHANGED |
reaffirm end-2027 full capacity; Q2 tpd data point provided |
MEDIUM |
| FCX |
Guide |
Leach initiative qualitative (FY 2026-2027) |
BETTER |
positive additive+heat combination update vs. no prior quantified consensus |
LOW |
| FCX |
Return |
Day-1 residual (stock − beta × S&P 500) |
-2.0% |
— |
MEDIUM |
| FCX |
Return |
5-day cumulative residual |
-3.5% (FADE) |
FADE — Archetype B historically fades; no true raise to drive estimate upgrades; elevated +11.4% pre-print excess run already consumed the beat; sell-side models off FY copper vol guide which is unchanged at 3,100 Mlbs |
MEDIUM |