Previous Close | 62.83 |
Open | 61.20 |
Bid | 62.18 x 0 |
Ask | 62.19 x 0 |
Day's Range | 61.04 - 62.37 |
52 Week Range | 47.47 - 69.41 |
Volume | |
Avg. Volume | 1,138,064 |
Market Cap | 32.229B |
Beta (5Y Monthly) | 1.44 |
PE Ratio (TTM) | 13.41 |
EPS (TTM) | 4.64 |
Earnings Date | Apr 25, 2024 |
Forward Dividend & Yield | 0.50 (0.80%) |
Ex-Dividend Date | Mar 14, 2024 |
1y Target Est | 67.01 |
Freeport-McMoRan and Canada's Teck Resources are expected to post a combined adjusted net income of $666.3 million, according to LSEG estimates, compared with $1.43 billion in the year-ago quarter. Copper prices touched a multi-year high last month after major Chinese copper smelters agreed to limit capacity expansion. Despite the late rally, average benchmark copper prices were down about 5% during the quarter compared to last year, weighed by concerns over demand in top-consumer China and fears of elevated interest rates.
Teck Resources (TECK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
L1 Capital, an investment management firm, released its “L1 Long Short Fund” first quarter 2024 investor letter, a copy of the same can be downloaded here. As U.S. economic data continued to surprise to the upside in comparison to market expectations, equity markets saw a gain throughout the March quarter. The portfolio returned 7.4% for the […]