FY2026 EPS Estimates for OTCMKTS:FQVLF Lowered by Analyst

Key Points

• Scotiabank cut First Quantum Minerals’ FY2026 EPS estimate to $0.05 from $0.16, well below the $0.29 consensus estimate. The firm maintained its “Outperform” rating and expects FY2027 EPS of $1.50.
• Analyst sentiment remains broadly positive, with MarketBeat reporting a consensus “Buy” rating supported by two Strong Buy and eight Buy recommendations.
• First Quantum reported a quarterly EPS loss of $0.13, missing expectations of a $0.07 loss, although revenue of $1.52 billion exceeded the $1.40 billion consensus estimate.

First Quantum Minerals Ltd. (OTCMKTS:FQVLF - Free Report) - Research analysts at Scotiabank lowered their FY2026 earnings estimates for First Quantum Minerals in a report released on Tuesday, August 4th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will post earnings of $0.05 per share for the year, down from their previous forecast of $0.16. Scotiabank has a "Outperform" rating on the stock. The consensus estimate for First Quantum Minerals' current full-year earnings is $0.29 per share. Scotiabank also issued estimates for First Quantum Minerals' FY2027 earnings at $1.50 EPS.

FQVLF has been the subject of a number of other research reports. TD Securities raised First Quantum Minerals from a "hold" rating to a "buy" rating in a research report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft raised First Quantum Minerals from a "hold" rating to a "buy" rating in a report on Wednesday, June 3rd. Barclays reissued an "overweight" rating on shares of First Quantum Minerals in a research note on Wednesday, July 15th. Morgan Stanley restated an "overweight" rating on shares of First Quantum Minerals in a report on Wednesday, July 8th. Finally, Citigroup reaffirmed a "positive" rating on shares of First Quantum Minerals in a research report on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, First Quantum Minerals has a consensus rating of "Buy".

First Quantum Minerals Stock Performance

Shares of FQVLF opened at $29.88 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.42 and a debt-to-equity ratio of 0.44. The business's 50 day moving average price is $28.53 and its 200-day moving average price is $27.24. First Quantum Minerals has a 52 week low of $15.60 and a 52 week high of $33.33. The stock has a market cap of $24.93 billion, a P/E ratio of -271.64 and a beta of 1.36.

First Quantum Minerals (OTCMKTS:FQVLF - Get Free Report) last announced its earnings results on Tuesday, July 28th. The basic materials company reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.06). First Quantum Minerals had a negative net margin of 1.44% and a negative return on equity of 2.28%. The business had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.40 billion.

About First Quantum Minerals

First Quantum Minerals Ltd. is a Canada-based mining company principally engaged in the exploration, development, production and marketing of copper and other mineral commodities. Headquartered in Vancouver, British Columbia, the company develops and operates large-scale open-pit and underground mines and associated processing facilities. Its activities span the full value chain from exploration and feasibility studies through to mining, milling and the sale of concentrates and refined metals to global customers.

Copper is the company's primary product, produced alongside by-products such as gold, nickel, zinc and cobalt depending on the orebody.

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