Company News: Freeport-McMoRan (FCX) quarterly earnings beat analysts’ expectations

Market news

22 July 2021

Company News: Freeport-McMoRan (FCX) quarterly earnings beat analysts’ expectations

Freeport-McMoRan (FCX) reported Q2 FY 2021 earnings of $0.77 per share (versus $0.03 per share in Q2 FY 2020), beating analysts’ consensus estimate of $0.75 per share.

The company’s quarterly revenues amounted to $5.748 bln (+88.2% y/y), missing analysts’ consensus estimate of $5.827 bln.

FCX fell to $34.02 (-1.82%) in pre-market trading.

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