— Freeport-McMoRan Inc. (NYSE: FCX) reported Q3 2019 loss of $0.01 per share, vs. $0.00 expected.
— Revenues fell 32% to $3.30 billion, vs. $3.53 billion expected.
— Average realized prices were $2.62 per pound for copper, $1,487 per ounce for gold and $12.89 per pound for molybdenum.
— Average unit net cash costs were $1.59 per pound of copper.
— FCX declared a quarterly cash dividend of $0.05 per share on its common stock, payable on November 1, 2019.
— FCX shares fell 1.3% immediately following the announcement.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to