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First Quantum's earnings hit; guidance downgraded

Q3 adjusted earnings fell 51% year on year and 72% quarter on quarter

Nathan Richardson
“We are well positioned to navigate the current period of challenging macroeconomic conditions,” First Quantum CEO Tristan Pascall said.

“We are well positioned to navigate the current period of challenging macroeconomic conditions,” First Quantum CEO Tristan Pascall said.

First Quantum's adjusted earnings in Q3 were down both year on year and quarter on quarter by 51.27% and 71.51%, respectively, at US$96 million ($0.14 per share). The company's EBITDA for the three...

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