Freeport-McMoRan Q3 2026 Earnings Beat: Revenue $7.5B, EPS $0.88
As seen on the 24/7 Wall St. homepage on October 27, 2026.
Freeport beat on both lines and guided FY26 operating cash flow to $8.5B against $4.4B of capex, leaving real free cash with copper costs held at $1.90 a pound.
FREEPORT-MCMORAN $FCX Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $7.5B (Est. $7.42B) 🟢 🔹 Adj. EPS: $0.88 (Est. $0.81) 🟢 🔹 Net Income: $1.2B 🔹 Operating Cash Flows: $2.0B FY26 Guide: 🔹 Operating Cash Flows: $8.5B 🔹 Capital Expenditures: $4.4B 🔹 Unit Net Cash Costs: $1.90/lb https://t.co/AimOub9J2j
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Freeport-McMoRan topped Wall Street estimates on both the top and bottom lines in Q3 2026, with adjusted earnings per share of $0.88 beating expectations.
Net income reached $1.2 billion for the quarter, giving investors a clear read on how much cash the copper giant is generating while commodity prices remain in focus.
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Full-year 2026 guidance targets $8.5 billion in operating cash flows, a level that implies substantial free cash generation if the company holds unit net cash costs at $1.90 per pound.
That $1.90 per pound cost figure is the number to keep an eye on, and management has now formally committed to that level for the full year.
Mentioned: FCX