Freeport Mcmoran Earnings Estimate

FCX
 Stock
  

USD 30.45  0.78  2.50%   

Many public companies, such as Freeport Mcmoran, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Freeport Mcmoran's earnings estimates, investors can diagnose different trends across Freeport Mcmoran's analyst sentiment over time as well as compare current estimates against different timeframes.
Freeport Mcmoran is projected to generate 3.14 in earnings per share on the 31st of December 2021. Freeport Mcmoran earnings estimates module stress-tests analyst consensus about projected Freeport-Mcmoran EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please check Investing Opportunities.
  
Gross Profit is likely to rise to about 9.5 B in 2022. Profit Margin is likely to rise to 0.20 in 2022

Freeport Mcmoran Earnings Estimation Breakdown

Calculation of earning per share of Freeport-Mcmoran is based on official Zacks consensus of 5 analysts regarding Freeport Mcmoran future annual earnings. Given the historical accuracy of 91.38%, the future earnings per share of Freeport Mcmoran is estimated to be 3.14 with the lowest and highest values of 3.02 and 3.24, respectively. Please note that this consensus of annual earnings estimates for Freeport-Mcmoran is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 2.64
3.02
Lowest
Expected EPS 3.14
3.24
Highest

Freeport Mcmoran Earnings Projection Consensus

Suppose the current estimates of Freeport Mcmoran's value are higher than the current market price of the Freeport Mcmoran stock. In this case, investors may conclude that Freeport Mcmoran is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Freeport Mcmoran's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

5

91.38%

2.64

3.14

Freeport Mcmoran Earnings History

Earnings estimate consensus by Freeport-Mcmoran analysts from Wall Street is used by the market to judge Freeport Mcmoran's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Freeport Mcmoran's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Freeport Mcmoran Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

2.07 Billion

Freeport Mcmoran Earning Before Interest and Taxes EBIT is fairly stable at the moment as compared to the past year. Freeport Mcmoran reported Earning Before Interest and Taxes EBIT of 7.21 Billion in 2021. Earnings per Basic Share is likely to rise to 3.16 in 2022, whereas Accumulated Retained Earnings Deficit are likely to drop (8 B) in 2022. Freeport Mcmoran Weighted Average Shares is fairly stable at the moment as compared to the past year. Freeport Mcmoran reported Weighted Average Shares of 1.47 Billion in 2021. Weighted Average Shares Diluted is likely to rise to about 1.5 B in 2022, whereas Issuance Purchase of Equity Shares is likely to drop (285.3 M) in 2022.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Freeport Mcmoran's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Freeport Mcmoran in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
26.8630.3633.86
Details
Intrinsic
Valuation
LowReal ValueHigh
27.4135.2538.75
Details
Naive
Forecast
LowNext ValueHigh
27.3130.8134.30
Details
12 Analysts
Consensus
LowTarget PriceHigh
21.0041.4650.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Freeport Mcmoran. Your research has to be compared to or analyzed against Freeport Mcmoran's peers to derive any actionable benefits. When done correctly, Freeport Mcmoran's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Freeport-Mcmoran.
Note that many institutional investors and large investment bankers can move markets due to the volume of Freeport assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Freeport Mcmoran. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Freeport stock price in the short term.

Freeport Mcmoran Earnings per Share Projection vs Actual

Actual Earning per Share of Freeport Mcmoran refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Freeport-Mcmoran predict the company's earnings will be in the future. The higher the earnings per share of Freeport Mcmoran, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Freeport Mcmoran Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Freeport Mcmoran, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Freeport Mcmoran should always be considered in relation to other companies to make a more educated investment decision.

About Freeport Mcmoran Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Freeport Mcmoran earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Freeport Mcmoran estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Freeport Mcmoran fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.

Freeport Mcmoran Implied Volatility

    
  74.33  
Freeport Mcmoran's implied volatility exposes the market's sentiment of Freeport-Mcmoran stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Freeport Mcmoran's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Freeport Mcmoran stock will not fluctuate a lot when Freeport Mcmoran's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Freeport Mcmoran in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Freeport Mcmoran's short interest history, or implied volatility extrapolated from Freeport Mcmoran options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Freeport-Mcmoran using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Investing Opportunities. Note that the Freeport-Mcmoran information on this page should be used as a complementary analysis to other Freeport Mcmoran's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Freeport Stock analysis

When running Freeport-Mcmoran price analysis, check to measure Freeport Mcmoran's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport Mcmoran is operating at the current time. Most of Freeport Mcmoran's value examination focuses on studying past and present price action to predict the probability of Freeport Mcmoran's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Freeport Mcmoran's price. Additionally, you may evaluate how the addition of Freeport Mcmoran to your portfolios can decrease your overall portfolio volatility.
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Is Freeport Mcmoran's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freeport Mcmoran. If investors know Freeport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freeport Mcmoran listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Freeport-Mcmoran is measured differently than its book value, which is the value of Freeport that is recorded on the company's balance sheet. Investors also form their own opinion of Freeport Mcmoran's value that differs from its market value or its book value, called intrinsic value, which is Freeport Mcmoran's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freeport Mcmoran's market value can be influenced by many factors that don't directly affect Freeport Mcmoran's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freeport Mcmoran's value and its price as these two are different measures arrived at by different means. Investors typically determine Freeport Mcmoran value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freeport Mcmoran's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.