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

Market news

22 October 2020

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

Freeport-McMoRan (FCX) reported Q3 FY 2020 earnings of $0.29 per share (versus $0.01 per share in Q3 FY 2019), beating analysts’ consensus estimate of $0.21 per share.

The company’s quarterly revenues amounted to $3.851 bln (+16.4% y/y), beating analysts’ consensus estimate of $3.676 bln.

FCX rose to $17.80 (+0.45%) in pre-market trading.

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