First Quantum Minerals Future Growth

Future criteria checks 4/6

First Quantum Minerals is forecast to grow earnings and revenue by 61.7% and 15.9% per annum respectively. EPS is expected to grow by 63.8% per annum. Return on equity is forecast to be 9% in 3 years.

Key information

61.7%

Earnings growth rate

63.8%

EPS growth rate

Metals and Mining earnings growth	30.4%
Revenue growth rate	15.9%
Future return on equity	9.0%
Analyst coverage	Good
Last updated	25 Apr 2024

Recent future growth updates

Recent updates

Take Care Before Jumping Onto First Quantum Minerals Ltd. (TSE:FM) Even Though It's 25% Cheaper

Dec 22

Bearish: Analysts Just Cut Their First Quantum Minerals Ltd. (TSE:FM) Revenue and EPS estimates

Dec 12

First Quantum Minerals (TSE:FM) Shareholders Will Want The ROCE Trajectory To Continue

Nov 24

Here's Why First Quantum Minerals (TSE:FM) Has A Meaningful Debt Burden

Oct 05

Is First Quantum Minerals Ltd. (TSE:FM) Expensive For A Reason? A Look At Its Intrinsic Value

Aug 16

First Quantum Minerals (TSE:FM) Will Pay A Larger Dividend Than Last Year At $0.13

Mar 10

First Quantum Minerals (TSE:FM) Will Pay A Larger Dividend Than Last Year At $0.13

Feb 23

Is Now The Time To Put First Quantum Minerals (TSE:FM) On Your Watchlist?

Jan 13

Calculating The Intrinsic Value Of First Quantum Minerals Ltd. (TSE:FM)

Jan 01

First Quantum Minerals (TSE:FM) Is Doing The Right Things To Multiply Its Share Price

Dec 20

Earnings and Revenue Growth Forecasts

TSX:FM - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	8,845	1,749	1,986	3,240	9
12/31/2025	6,738	849	685	2,056	17
12/31/2024	4,266	-205	-444	1,164	16
3/31/2024	5,934	-1,188	213	1,539	N/A
12/31/2023	6,456	-954	101	1,427	N/A
9/30/2023	7,070	610	548	1,849	N/A
6/30/2023	6,768	398	553	1,780	N/A
3/31/2023	7,021	724	784	1,965	N/A
12/31/2022	7,626	1,034	1,141	2,332	N/A
9/30/2022	7,855	1,164	1,710	2,855	N/A
6/30/2022	7,875	1,354	1,915	3,033	N/A
3/31/2022	7,753	1,075	1,706	2,808	N/A
12/31/2021	7,212	832	1,886	2,885	N/A
9/30/2021	6,623	594	1,766	2,658	N/A
6/30/2021	6,278	320	1,653	2,407	N/A
3/31/2021	5,510	24	1,263	1,883	N/A
12/31/2020	5,070	-180	1,003	1,613	N/A
9/30/2020	4,882	-304	717	1,480	N/A
6/30/2020	4,467	-406	183	1,179	N/A
3/31/2020	4,392	-172	-147	1,203	N/A
12/31/2019	4,067	-57	-954	889	N/A
9/30/2019	3,837	256	-1,346	827	N/A
6/30/2019	3,828	390	-1,408	1,115	N/A
3/31/2019	3,938	447	-1,393	1,343	N/A
12/31/2018	3,966	441	-604	1,980	N/A
9/30/2018	3,797	128	-632	1,845	N/A
6/30/2018	3,696	15	-708	1,673	N/A
3/31/2018	3,429	-155	-622	1,471	N/A
12/31/2017	3,310	-316	N/A	914	N/A
9/30/2017	3,114	-189	N/A	804	N/A
6/30/2017	2,842	-101	N/A	800	N/A
3/31/2017	2,719	59	N/A	921	N/A
12/31/2016	2,673	222	N/A	923	N/A
9/30/2016	2,703	321	N/A	1,595	N/A
6/30/2016	2,730	-145	N/A	1,502	N/A
3/31/2016	2,629	-374	N/A	1,280	N/A
12/31/2015	2,511	-501	N/A	1,191	N/A
9/30/2015	2,613	-159	N/A	644	N/A
6/30/2015	2,866	392	N/A	725	N/A
3/31/2015	3,253	630	N/A	806	N/A
12/31/2014	3,542	835	N/A	744	N/A
9/30/2014	3,618	513	N/A	724	N/A
6/30/2014	3,618	535	N/A	519	N/A
3/31/2014	3,543	473	N/A	542	N/A
12/31/2013	3,553	459	N/A	869	N/A
9/30/2013	3,431	514	N/A	741	N/A
6/30/2013	3,270	478	N/A	596	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).

Earnings vs Market: FM is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: FM is expected to become profitable in the next 3 years.

Revenue vs Market: FM's revenue (15.9% per year) is forecast to grow faster than the Canadian market (6.7% per year).

High Growth Revenue: FM's revenue (15.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FM's Return on Equity is forecast to be low in 3 years time (9%).

First Quantum Minerals Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

First Quantum Minerals Ltd. Reaffirms Production Guidance for the Year 2024

Consensus estimates of losses per share improve by 14%

Consensus EPS estimates fall by 13%

Consensus EPS estimates fall by 25%

Consensus EPS estimates fall by 25%, revenue upgraded

Consensus EPS estimates upgraded to US$0.29 loss, revenue downgraded

Recent updates

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

First Quantum Minerals Ltd. Reaffirms Production Guidance for the Year 2024

Consensus estimates of losses per share improve by 14%

Consensus EPS estimates fall by 13%

Consensus EPS estimates fall by 25%

Consensus EPS estimates fall by 25%, revenue upgraded

First Quantum Minerals Ltd. to Report Q1, 2024 Results on Apr 23, 2024

Consensus EPS estimates upgraded to US$0.29 loss, revenue downgraded

New minor risk - Shareholder dilution

First Quantum Minerals Ltd. has completed a Follow-on Equity Offering in the amount of CAD 1.350648 billion.

Consensus revenue estimates fall by 13%

First Quantum Minerals Ltd. has filed a Follow-on Equity Offering.

First Quantum Minerals Ltd. has filed a Follow-on Equity Offering.

Full year 2023 earnings: EPS and revenues miss analyst expectations

First Quantum Minerals Ltd. to Report Q4, 2023 Results on Feb 20, 2024

First Quantum Minerals Ltd. Provides Production Guidance for the Full Years 2024, 2025 and 2026

Consensus EPS estimates increase by 10%, revenue downgraded

Barrick Gold Corporation Reportedly Sounds Out First Quantum Holders on Possible Bid

First Quantum Minerals Ltd. Provides Update on the Cobre Panama Mine Regards

Take Care Before Jumping Onto First Quantum Minerals Ltd. (TSE:FM) Even Though It's 25% Cheaper

Consensus EPS estimates fall by 11%

Bearish: Analysts Just Cut Their First Quantum Minerals Ltd. (TSE:FM) Revenue and EPS estimates

New minor risk - Dividend sustainability

Insider recently sold CA$497k worth of stock

Consensus EPS estimates fall by 14%

Investor sentiment deteriorates as stock falls 17%

First Quantum Minerals (TSE:FM) Shareholders Will Want The ROCE Trajectory To Continue

Minera Panama S.A. Further Ramped Down Operations At Cobre Panama to One Remaining Ore Processing Train

Investor sentiment deteriorates as stock falls 32%

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

First Quantum Minerals Ltd. Updates Production Guidance for the Year 2023

Here's Why First Quantum Minerals (TSE:FM) Has A Meaningful Debt Burden

First Quantum Minerals Ltd. to Report Q3, 2023 Results on Oct 24, 2023

First Quantum Minerals Ltd. Announces Passing of Co-Founder and Chairman Philip Pascall

Chief Operating Officer recently sold CA$2.8m worth of stock

First Quantum Minerals Ltd. (TSX:FM) completed the acquisition of 55% stake in La Granja copper project in Peru from Rio Tinto Group (LSE:RIO) for $110 million.

Upcoming dividend of CA$0.08 per share at 0.6% yield

Is First Quantum Minerals Ltd. (TSE:FM) Expensive For A Reason? A Look At Its Intrinsic Value

New minor risk - Insider selling

Insider recently sold CA$2.7m worth of stock

Consensus EPS estimates fall by 17%

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

First Quantum Minerals Ltd. Announces Production Guidance for 2023

Consensus EPS estimates fall by 10%

The Return Trends At First Quantum Minerals (TSE:FM) Look Promising

First Quantum Minerals Ltd. to Report Q2, 2023 Results on Jul 25, 2023

Is First Quantum Minerals (TSE:FM) Using Too Much Debt?

Co-Founder & Chairman of the Board exercised options and sold CA$4.7m worth of stock

First Quantum Minerals Ltd. Announces the Appointment of Geoff Chater as A Director of the Company

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

The Return Trends At First Quantum Minerals (TSE:FM) Look Promising

Upcoming dividend of CA$0.13 per share at 0.9% yield

Consensus EPS estimates increase by 31%

Insider recently sold CA$731k worth of stock

A Look At The Intrinsic Value Of First Quantum Minerals Ltd. (TSE:FM)

Consensus EPS estimates increase by 24%

Chief Operating Officer exercised options and sold CA$223k worth of stock

Does First Quantum Minerals (TSE:FM) Have A Healthy Balance Sheet?

First Quantum Minerals (TSE:FM) Will Pay A Larger Dividend Than Last Year At $0.13

Insider recently sold CA$352k worth of stock

Investor sentiment improves as stock rises 19%

First Quantum Minerals (TSE:FM) Will Pay A Larger Dividend Than Last Year At $0.13

Consensus EPS estimates increase by 15%

First Quantum Minerals Ltd., Annual General Meeting, May 04, 2023

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

First Quantum Declares Final Dividend in Respect of the Financial Year Ending December 31, 2022, Payable on May 8, 2023

First Quantum Minerals Ltd. Provides Update on Status of Cobre Panamá and the Punta Rincón Port

Investor sentiment deteriorates as stock falls 16%