Freeport-McMoRan Reports Second-Quarter and Six-Month 2018 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Freeport-McMoran (FCX) Tops Q2 EPS by 6c, Revenues Beat
July 25, 2018 8:02 AM EDTFreeport-McMoran (NYSE: FCX) reported Q2 EPS of $0.58, $0.06 better than the analyst estimate of $0.52. Revenue for the quarter came in at $5.17 billion versus the consensus estimate of $4.94 billion.
Net income attributable to common stock totaled $869 million, $0.59 per share, in second-quarter 2018. After adjusting for net gains of $16 million, $0.01 per share, second-quarter 2018 adjusted net income attributable to common stock totaled $853 million, $0.58 per share.Consolidated sales totaled 989 million pounds of copper, 676 thousand ounces of gold and 24 million pounds of molybdenum in second-quarter 2018.Consolidated sales for the year 2018 are expected to approximate 3.8 billion pounds of... More