Freeport-McMoRan (NYSE:FCX) is preparing to release its quarterly earnings on Tuesday, 2024-10-22. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Freeport-McMoRan to report anearnings per share(EPS) of $0.38.

Anticipation surrounds Freeport-McMoRan's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Performance in Previous Earnings

In the previous earnings release, the company beat EPS by $0.08, leading to a 2.41% drop in the...