Freeport-McMoRan (NYSE:FCX) reported its Q3 earnings results on Thursday, October 20, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Freeport-McMoRan missed estimated earnings by 16.13%, reporting an EPS of $0.26 versus an estimate of $0.31.
Revenue was down $1.08 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.22 which was followed by a 3.98% drop in the share price the next day.
Here’s a look at Freeport-McMoRan’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.80 | 0.94 | 0.92 | 0.81 |
| EPS Actual | 0.58 | 1.07 | 0.96 | 0.89 |
| Revenue Estimate | 6.13B | 6.41B | 6.47B | 6.18B |
| Revenue Actual | 5.42B | 6.60B | 6.16B | 6.08B |
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.
