Molycorp (MCP) Tops Q2 EPS by 10c; Raises FY11 Production Outlook

August 11, 2011 4:05 PM EDT
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Molycorp (NYSE: MCP) reported Q2 EPS of $0.52, $0.10 better than the analyst estimate of $0.42. Revenue for the quarter came in at $99.6 million versus the consensus estimate of $98.59 million.

Raises FY11 production outlook to a range of 4941 - 5881 MT of REO, saw 40541 - 5813 MT prior.

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