Freeport-McMoRan signals more pain from labor shortages as profit slumps
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Freeport-McMoran (FCX) drops after profit plunges
April 21, 2023 11:22 AM EDTFreeport-McMoran (NYSE: FCX) tumbled around 4% on Friday after the company's net income more than halved in the first quarter.
The copper miner did, however, top earnings and revenue estimates in the quarter. It reported Q1 adjusted EPS of $0.52, $0.09 better than the analyst estimate of $0.43.... More
