U.S. stocks were wobbling amid mixed earnings reports

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Go back to U.S. stocks were wobbling amid mixed earnings reports

Freeport-McMoran (FCX) drops after profit plunges

April 21, 2023 11:22 AM EDT

Freeport-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