First Quantum Minerals FQVLF will release its quarterly earnings report on Tuesday, 2024-10-22. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate First Quantum Minerals to report an earnings per share (EPS) of $0.02.
Anticipation surrounds First Quantum Minerals'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.
Earnings History Snapshot
The company's EPS beat by $0.01 in the last quarter, leading to a 3.05% increase in the share price on the following day.
Here's a look at First Quantum Minerals's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.03 | -0.14 | -0.10 | 0.25 |
| EPS Actual | -0.02 | -0.20 | -0.37 | 0.52 |
| Price Change % | 3.0% | 3.0% | 3.0% | -4.0% |
Market Performance of First Quantum Minerals's Stock
Shares of First Quantum Minerals were trading at $13.247 as of October 18. Over the last 52-week period, shares are down 39.4%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for First Quantum Minerals visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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