Zacks Investment Research
23 Jun 2026, 22:51 UTC · 4h ago
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What the story claims
4 claims · each scored for market impact
Freeport-McMoRan's projected annual earnings are expected to rise by 44.63% compared to the previous year. — Significant projected annual earnings growth is a strong positive fundamental driver for stock price appreciation.
+0.60Freeport-McMoRan's projected revenue for the upcoming quarter is expected to be $6.37 billion, a 15.99% decrease from the prior year. — A double-digit decline in quarterly revenue suggests a potential slowdown in top-line growth or pricing pressure.
-0.40Freeport-McMoRan's stock price declined 6.95% in the latest session to $64.40, significantly underperforming the S&P 500. — A sharp single-day drop indicates immediate bearish sentiment or a negative reaction to recent market developments.
-0.30Continue reading
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Freeport-McMoRan currently holds a Zacks Rank of #3 (Hold). — A 'Hold' rating suggests a neutral outlook with no strong conviction for either buying or selling.
+0.00Which stocks this story touches
The stock dropped 6.95% in the latest session and revenue is projected to be down 15.99% year-over-year.
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Zacks Investment Research
4h ago
