Freeport-McMoran (FCX) Misses Q4 EPS by 7c
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Freeport-McMoRan Reports Fourth-Quarter and Year Ended 2018 Results
January 24, 2019 8:00 AM ESTPHOENIX--(BUSINESS WIRE)-- Freeport-McMoRan Inc. (NYSE: FCX):
Net income attributable to common stock totaled $140 million, $0.09 per share, in fourth-quarter 2018. After adjusting for net charges of $21 million, $0.02 per share, fourth-quarter 2018 adjusted net income attributable to common stock totaled $161 million, $0.11 per share. Consolidated sales totaled 785 million pounds of copper, 266 thousand ounces of gold and 24 million pounds of molybdenum in fourth-quarter 2018, and 3.8 billion pounds of copper, 2.4 million ounces of gold and 94 million pounds of molybdenum for the year 2018. Fourth-quarter 2018 consolidated copper and gold sales were lower... More