FCX Conference Call 1st Quarter 2024 Results April 23, 2024 ...

财务表现 - Freeport-McMoRan（FCX）2024年第一季度营收达63.2亿美元，同比增长17.3%[1] - 每股收益为0.32美元，较去年同期的0.52美元有所下降[1] - 公司营收超出Zacks Consensus Estimate 11.74%，每股收益超出预期18.52%[1] 金属价格和产量 - 铜的平均实现价格为每磅3.94美元，高于分析师平均预期3.88美元[4] - 钼产量在南美为3百万磅，低于分析师平均预期5.48百万磅[5] - 钼产量在北美为7百万磅，略低于分析师平均预期7.1百万磅[6] - 北美金销量为4千盎司，低于分析师平均预期4.39千盎司[7] - 全球金销量为568千盎司，略低于分析师平均预期574.23千盎司[8] 地区营收表现 - 印尼营收为28.3亿美元，较分析师平均预期25.4亿美元增长106.5%[9] - 钼营收为1.45亿美元，较分析师平均预期23.886百万美元下降35%[10] - 南美铜矿营收为11.4亿美元，略低于分析师平均预期11.1亿美元下降20.9%[11] - 北美铜矿营收为15亿美元，略高于分析师平均预期13.4亿美元下降10.1%[12] - 公司其他部门营收为-14.6亿美元，略高于分析师平均预期-18亿美元下降8.4%[14] 股价表现 - Freeport-McMoRan股价过去一个月上涨7.9%，表现优于Zacks S&P 500综合指数-4.2%的变化[15]

Freeport-McMoRan Inc. (FCX) recorded net income (attributable to common stock) of $473 million or 32 cents per share in first-quarter 2024, down around 29% from $663 million or 46 cents in the year-ago quarter.Barring one-time items, adjusted earnings per share were 32 cents, topping the Zacks Consensus Estimate of 27 cents.Revenues rose roughly 17% year over year to $6,321 million. The figure also surpassed the Zacks Consensus Estimate of $5,657.1 million. The company witnessed higher copper sales in the r ...

Freeport-McMoRan (FCX) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.52%. A quarter ago, it was expected that this mining company would post earnings of $0.21 per share when it actually produced earnings of $0.27, delivering a surprise of 28.57%.Over the last four quarters, the c ...

Freeport-McMoRan Reports First-Quarter 2024 Results • Strong first-quarter 2024 operating performance: ◦ Copper sales volumes exceeded January 2024 estimate and first-quarter 2023 ◦ Unit net cash costs below January 2024 estimate and first-quarter 2023 • Indonesia smelter projects nearing completion with start-up activities expected in second-quarter 2024 • Solid financial position • Favorable market fundamentals ▪ Net income attributable to common stock in first-quarter 2024 totaled $473 million, $0.32 per ...

铜需求增长 - 人工智能应用的增长导致数据中心对铜的需求增加[1] - 全球数据中心电力需求增加将导致2030年对新铜需求量达到260万吨[2] - 清洁能源转型将显著增加对铜的需求[3] - 国际能源署预计，清洁能源技术对铜需求的占比将从2020年的24%增长至2040年的32%[5] - 电动汽车、风力发电和智能城市等领域的发展将进一步推动对铜的需求[6] 铜市场前景 - 环境法规和政府干预使得获取新的铜矿许可变得更加困难[7] - Freeport-McMoRan在铜市场处于领先地位，有望增加产量以满足市场需求[8] - 公司预计到2025/2026年，以每磅4美元的铜价，其EBITDA将达到100亿美元，而以每磅5美元的铜价，其EBITDA将达到140亿美元[10] - 公司计划将铜销量从2024年的41亿磅增加到2026年的43亿磅[11] - 公司通过浸出计划和投资在美洲的项目，有望增加铜产量[12] - Freeport-McMoRan作为铜市场的最佳矿业股票，有望在市场供应短缺的情况下获得增长[14]

预测数据 - 分析师预测Freeport-McMoRan将在即将发布的季度报告中每股盈利为$0.30，同比下降42.3%[1] - 预计营收将达到$5.61亿，同比增长4.2%[1] 业务表现 - 预计印尼营收将达到$24.8亿，同比增长81.5%[6] - 预计钼营收将达到$2.39亿，同比增长7.2%[7] - 预计南美洲铜矿营收将达到$10.9亿，同比下降24.2%[8] - 预计北美洲铜矿营收将达到$13.2亿，同比下降21.1%[9] 生产量和销售 - 预计南美洲钼生产量将达到5.48百万磅，低于去年同期的6百万磅[10] - 预计北美洲副产品钼生产量将达到7.10百万磅，略高于去年同期的7百万磅[11] - 预计北美洲金销量将达到4.39千盎司，略高于去年同期的4千盎司[12] - 预计整体金销量将达到56.90千盎司，远高于去年同期的27.0千盎司[13] - 预计印尼金销量将达到55.51千盎司，远高于去年同期的26.6千盎司[14] - 预计南美洲总铜销量将达到276.73百万磅，低于去年同期的302百万磅[15] - 预计印尼Grasberg铜销量将达到421.09百万磅，远高于去年同期的198百万磅[16] 金价预测 - 预计金每盎司的平均实现价格将达到$2,048.89，略高于去年同期的$1,949[17]

Freeport-McMoRan Inc. (FCX) is set to release first-quarter 2024 results before the opening bell on Apr 23.The mining giant’s earnings beat the Zacks Consensus Estimate in each of the last four quarters. It has a trailing four-quarter earnings surprise of roughly 21.5%, on average. Freeport is expected to have gained from its efforts to increase mining rates, the strength in copper prices and lower costs in the first quarter.The stock has gained 18.9% in the past year compared with the industry’s 25.1% rise ...

The most recent trading session ended with Freeport-McMoRan (FCX) standing at $50.74, reflecting a -0.35% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.74%. On the other hand, the Dow registered a loss of 0.01%, and the technology-centric Nasdaq increased by 1.68%.The the stock of mining company has risen by 17.3% in the past month, leading the Basic Materials sector's gain of 3.54% and the S&P 500's gain of 0.8%.The investment community wi ...

铜价格走势 - 铜价格正在大幅上涨，历史数据显示在降息开始后其表现如何[1] - 即使美联储不降息，铜仍然是一个强劲的交易选择[1] - 铜价格势头强劲，供需不平衡，AI数据中心需求增加，中国经济复苏等因素都支持铜价格上涨[3] 铜市场需求 - 铜在全球制造业和人工智能领域仍然有巨大需求[3] - 铜是全球经济健康增长的关键，对于科技/人工智能进步至关重要[3] - 中国对铜的需求量巨大，与铜价格密切相关[3] 投资建议 - 投资者可以选择投资于全球顶级铜矿企业的ETF，如COPX，或者选择特定的矿企业股票，如Freeport McMoRan (FCX)[3] - 铜的未来展望积极，投资者应该密切关注铜市场[3]