First Quantum Minerals FQVLF is set to give its latest quarterly earnings report on Tuesday, 2024-10-22. Here's what investors need to know before the announcement.
Analysts estimate that First Quantum Minerals will report an earnings per share (EPS) of $0.02.
The market awaits First Quantum Minerals's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
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% |
Performance of First Quantum Minerals Shares
Shares of First Quantum Minerals were trading at $13.247 as of October 18. Over the last 52-week period, shares are down 39.15%. Given that these returns are generally negative, long-term shareholders are likely unhappy 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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