Freeport-McMoRan (NYSE:FCX) reported its Q2 earnings results on Thursday, July 21, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Freeport-McMoRan missed estimated earnings by 27.5%, reporting an EPS of $0.58 versus an estimate of $0.8.
Revenue was down $332.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13 which was followed by a 6.76% drop in the share price the next day.
Here’s a look at Freeport-McMoRan’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.94 | 0.92 | 0.81 | 0.75 |
| EPS Actual | 1.07 | 0.96 | 0.89 | 0.77 |
| Revenue Estimate | 6.41B | 6.47B | 6.18B | 5.81B |
| Revenue Actual | 6.60B | 6.16B | 6.08B | 5.75B |
To track all earnings releases for Freeport-McMoRan visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
