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Freeport-McMoRan (FCX) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

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Freeport-McMoRan (FCX - Free Report) reported $7.58 billion in revenue for the quarter ended June 2025, representing a year-over-year increase of 14.5%. EPS of $0.54 for the same period compares to $0.46 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $7.12 billion, representing a surprise of +6.47%. The company delivered an EPS surprise of +17.39%, with the consensus EPS estimate being $0.46.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Freeport-McMoRan performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Sales in thousands of ounces - Gold - Consolidated basis: 522.00 Koz compared to the 498.98 Koz average estimate based on three analysts.
  • Production in millions of pounds - Molybdenum - South America (Cerro Verde): 4.00 Mlbs compared to the 6.67 Mlbs average estimate based on three analysts.
  • Production in millions of pounds - Molybdenum - By-product - North America: 9.00 Mlbs compared to the 7.67 Mlbs average estimate based on three analysts.
  • Total Net Cash Cost Per Pound of Copper: $1.13 compared to the $1.30 average estimate based on three analysts.
  • Sales in thousands of Ounces - Gold - Indonesia: 518.00 Koz versus 494.89 Koz estimated by three analysts on average.
  • Revenues- Indonesia: $3.42 billion versus the three-analyst average estimate of $3.16 billion. The reported number represents a year-over-year change of +50.7%.
  • Revenues- Molybdenum: $180 million compared to the $254.9 million average estimate based on three analysts. The reported number represents a change of +30.4% year over year.
  • Revenues- South America copper mines: $1.26 billion compared to the $1.26 billion average estimate based on three analysts. The reported number represents a change of -16.6% year over year.
  • Revenues- North America copper mines: $1.03 billion versus $1.59 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -33% change.
  • Revenues- Rod & Refining: $1.7 billion compared to the $1.63 billion average estimate based on two analysts. The reported number represents a change of -0.2% year over year.
  • Revenues- Atlantic Copper Smelting & Refining: $818 million compared to the $786.41 million average estimate based on two analysts. The reported number represents a change of -9.1% year over year.
  • Revenues- Corporate, other & eliminations: $-1.51 billion versus $-1.73 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +4.6% change.

View all Key Company Metrics for Freeport-McMoRan here>>>

Shares of Freeport-McMoRan have returned +9% over the past month versus the Zacks S&P 500 composite's +5.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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