First Quantum Minerals Ltd reports results for the quarter ended December 31 - Earnings Summary

• First Quantum Minerals Ltd FM.TO reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -37 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from -8 cents to 12 cents per share.

• Revenue rose 3.1% to $1.26 billion from a year ago; analysts expected $1.19 billion.

• First Quantum Minerals Ltd's reported EPS for the quarter was 12 cents​.

• The company reported quarterly net income of $99 million.

• First Quantum Minerals Ltd shares had risen by 6.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 40% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 12 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the specialty mining & metals peer group is also "buy"

Wall Street's median 12-month price target for First Quantum Minerals Ltd is C$21.00

This summary was machine generated from LSEG data February 11 at 11:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)