First Quantum Minerals Ltd (TSX:FM, Financial) is set to release its Q4 2024 earnings on Feb 12, 2025. The consensus estimate for Q4 2024 revenue is $1.70 billion, and the earnings are expected to come in at -$0.02 per share. The full year 2024's revenue is expected to be $6.76 billion, and the earnings are expected to be -$0.11 per share. More detailed estimate data can be found on the Forecast page.
First Quantum Minerals Ltd (TSX:FM, Financial) Estimates Trends
Over the past 90 days, revenue estimates for First Quantum Minerals Ltd (TSX:FM) have increased from $6.67 billion to $6.76 billion for the full year 2024. For 2025, revenue estimates have declined from $7.46 billion to $6.84 billion. Earnings estimates have improved from -$0.14 per share to -$0.11 per share for the full year 2024. However, for 2025, earnings estimates have decreased from $0.47 per share to $0.16 per share.
First Quantum Minerals Ltd (TSX:FM, Financial) Reported History
In the previous quarter of September 30, 2024, First Quantum Minerals Ltd's (TSX:FM) actual revenue was $1.83 billion, which beat analysts' revenue expectations of $1.61 billion by 13.60%. First Quantum Minerals Ltd's (TSX:FM) actual earnings were $0.19 per share, which exceeded analysts' earnings expectations of -$0.07 per share by 361.97%. After releasing the results, First Quantum Minerals Ltd (TSX:FM) was up by 2% in one day.
First Quantum Minerals Ltd (TSX:FM, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 19 analysts, the average target price for First Quantum Minerals Ltd (TSX:FM) is $21.13, with a high estimate of $25.98 and a low estimate of $16.99. The average target implies an upside of 6.71% from the current price of $19.80.
Based on GuruFocus estimates, the estimated GF Value for First Quantum Minerals Ltd (TSX:FM, Financial) in one year is $16.72, suggesting a downside of -15.56% from the current price of $19.80.
Based on the consensus recommendation from 21 brokerage firms, First Quantum Minerals Ltd's (TSX:FM, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
