FCX Q3 FY2026 earnings: EPS beat by 8.0%, revenue beat by 2.5%
FREEPORT-MCMORAN INC reported Q3 FY2026. EPS came in at $0.88 against a $0.81 consensus, beat by 8.0%. Revenue was $7.5B versus $7.4B expected, beat by 2.5%.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $0.88 | $0.81 | beat by 8.0% |
| Revenue | $7.5B | $7.4B | beat by 2.5% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $0 | -100.0% | -100.0% |
| Gross profit | $0 | -100.0% | -100.0% |
| Operating income | $2.4B | +17.5% | +20.3% |
| Net income | $2.9B | +194.9% | +330.6% |
| Diluted EPS | $0.81 | +19.1% | +72.3% |
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The trend
Revenue is down 7.3% from the same quarter last year. Gross margin sits at 31.1%, 300 bps off its 8-quarter high.
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How it stacks up
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