FCX · PEAD → 9

Freeport-McMoRan reported Q3 2026 EPS of $0.88 on 2026-10-27, beating the $0.80 consensus by $0.08 (+10.0%).

Print-day reaction was a modest +1.2% from the prior close, a muted initial lift on a clear EPS beat. The overnight gap to the T+1 open was negligible at +0.03%, indicating neither enthusiasm nor anxiety after hours. Over the subsequent two trading days, however, the stock shed -6.2%, reversing the initial gain entirely and then some, leaving a total 3-day return of -4.1%. Cumulative abnormal return of -2.9% versus SPY.US sits inside the ±3% neutral band, yielding a PEAD verdict of none; the holding window runs through 2027-01-22.