Company News: Freeport-McMoRan (FCX) quarterly results miss analysts’ expectations

Market news

24 April 2018

Company News: Freeport-McMoRan (FCX) quarterly results miss analysts’ expectations

Freeport-McMoRan (FCX) reported Q1 FY 2018 earnings of $0.46 per share (versus $0.15 in Q1 FY 2017), missing analysts' consensus estimate of $0.56.

The company's quarterly revenues amounted to $4.868 bln (+45.7% y/y), missing analysts' consensus estimate of $4.923 bln.

FCX fell to $18.61 (-1.06%) in pre-market trading.

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