Freeport-McMoRan, Inc.
FCX · Basic Materials
$72.47
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Centrus Energy (LEU) Down 4.3% Since Last Earnings Report: Can It Rebound?
Centrus Energy's stock has declined 4.3% since its Q2 2026 earnings report, underperforming the S&P 500. While the company beat EPS estimates and reported 14% revenue growth to $176.1 million driven by uranium sales, profitability was pressured by a 25% increase in cost of sales and a 96% surge in SG&A expenses related to expansion efforts. Operating income plunged 69% year-over-year, though the company maintains its 2026 revenue guidance of $450-$500 million and a substantial $4.5 billion backlog extending to 2040. Analyst estimates have trended downward with a -98.21% consensus shift, and the stock carries a Zacks Rank #3 (Hold) rating.
Freeport-McMoRan (FCX) Stock Falls Amid Market Uptick: What Investors Need to Know
Freeport-McMoRan stock declined 1.85% to $72.56 while broader markets gained, underperforming the S&P 500's 1.06% rise and the Basic Materials sector's 12.41% gain over the past month. Despite expected EPS growth of 46% and full-year earnings projected at $2.81 per share (+58.76% YoY), the company holds a Zacks Rank #3 (Hold) rating with a Forward P/E of 26.27, trading near industry average valuations.
Can Southern Copper's Investment Plan Fuel Long-Term Output Growth?
Southern Copper Corporation (SCCO) announced a $20.5 billion investment plan over the next decade, with $10.3 billion allocated to three major Peruvian projects: Tía María, Los Chancas, and Michiquillay. The company expects production to reach 1.6 million tons by 2033-2034. SCCO shares have surged 123.3% year-to-date, significantly outperforming the mining industry average of 82.4%.
Freeport-McMoRan (FCX) Suffers a Larger Drop Than the General Market: Key Insights
Freeport-McMoRan closed down 2.51%, underperforming the S&P 500's 0.25% decline. Despite a strong monthly gain of 23.61%, the mining company faces headwinds. Analysts forecast EPS of $0.73 (up 46% YoY) and full-year earnings of $2.79 per share (up 57.63% YoY), with revenue projected at $28.56 billion (up 10.21% YoY). The stock holds a Zacks Rank #3 (Hold) with a Forward P/E of 28.07 and PEG ratio of 0.78.
SCCO's H1 Copper Output Falls Y/Y: What Lies Ahead for the Stock?
Southern Copper's copper production fell 3.8% year-over-year in H1 2026 to 461,206 tons due to lower ore grades at Peruvian operations. Despite the decline, the company raised its 2026 guidance to 917,000 tons and maintains a strong long-term outlook targeting 1.6 million tons by 2033-2034 through major projects like Tía María, Los Chancas, and Michiquillay, supported by $20.5 billion in planned investments.