Company News: Freeport-McMoRan’s (FCX) Q2 results beat analysts’ forecasts

Market news

25 July 2018

Company News: Freeport-McMoRan’s (FCX) Q2 results beat analysts’ forecasts

Freeport-McMoRan (FCX) reported Q2 FY 2018 earnings of $0.59 per share (versus $0.17 in Q2 FY 2017), beating analysts' consensus estimate of $0.51.

The company's quarterly revenues amounted to $5.168 bln (+39.3% y/y), beating analysts' consensus estimate of $4.966 bln.

FCX rose to $16.47 (+2.49%) in pre-market trading.

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