Freeport-McMoRan Reports Third-Quarter and Nine-Month 2016 Results

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Freeport-McMoran (FCX) Misses Q3 EPS by 3c

October 25, 2016 8:04 AM EDT

Freeport-McMoran (NYSE: FCX) reported Q3 EPS of $0.16, $0.03 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $3.88 billion versus the consensus estimate of $3.95 billion.

Consolidated sales (including volumes from Tenke Fungurume (Tenke), which is being reported as discontinued operations) totaled 1.2... More