Company News: Freeport-McMoRan (FCX) Q3 results miss analysts’ estimates

Market news

25 October 2016

Company News: Freeport-McMoRan (FCX) Q3 results miss analysts’ estimates

Freeport-McMoRan reported Q3 FY 2016 earnings of $0.13 per share (versus net loss of $0.15 in Q3 FY 2015), missing analysts' consensus estimate of $0.19.

The company's quarterly revenues amounted to $3.877 bln (+14.6% y/y), missing analysts' consensus estimate of $3.957 bln.

FCX rose to $10.25 (+0.69%) in pre-market trading.

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