Freeport-McMoRan Reports Second-Quarter and Six-Month 2015 Results

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Freeport-McMoran (FCX) Tops Q2 EPS by 7c

July 23, 2015 8:02 AM EDT

Freeport-McMoran (NYSE: FCX) reported Q2 EPS of $0.14, $0.07 better than the analyst estimate of $0.07. Revenue for the quarter came in at $4.25 billion versus the consensus estimate of $4.28 billion.

James R. Moffett, Chairman of the Board; Richard C. Adkerson, Vice Chairman and FCX Chief Executive Officer; and James C. Flores, Vice Chairman and FM O&G Chief Executive Officer, said, "Our second-quarter results reflect strong operating performance in our global mining business, and solid production results and continued positive drilling and development results in our oil and gas operations. We are pleased to report achievement... More