Company news: Freeport-McMoRan’s (FCX) quarterly results top analysts’ estimates

Freeport-McMoRan (FCX) reported Q2 FY2024 earnings of $0.46 per share (versus $0.35 per share in Q2 FY2023), beating analysts’ consensus estimate of $0.40 per share.

The company’s quarterly revenues amounted to $6.624 bln (+15.5% y/y), beating analysts’ consensus estimate of $5.998 bln.

FCX fell to $45.35 (-1.43%) in pre-market trading.