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Freeport-McMoRan (NYSE:FCX) is scheduled to announce its earnings on Wednesday, July 23, 2025. The consensus earnings are estimated to be approximately $0.44 per share, and revenues are projected to rise by nearly 5% compared to the same quarter last year.
Shares rallied nicely, but have run out of steam.
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A shift to more domestic production could take years. Copper prices and mining stocks are rising.
Shares of US-based copper giant Freeport-McMoRan climbed 3.75% to $47.30 in premarket trading on Wednesday, as investors reacted to a new 50% tariff on imported copper announced by former President Donald Trump.
Key Points in This Article: President Trump's just-announced 50% tariff on copper imports aims to boost domestic production, causing a 13% surge in U.S.
Freeport-McMoRan (FCX) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.