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

Market news

23 January 2020

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

Freeport-McMoRan (FCX) reported Q4 FY 2019 earnings of $0.02 per share (versus $0.11 per share in Q4 FY 2018), beating analysts' consensus estimate of $0.00 per share.

The company's quarterly revenues amounted to $3.911 bln (+6.2% y/y), beating analysts' consensus estimate of $3.689 bln.

FCX rose to $12.40 (+0.65%) in pre-market trading.

U.S.: Initial Jobless Claims, January 211 (forecast 215)

ECB leaves its main refinancing rate at 0.00%, as widely expected

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