Categories Earnings, Industrials

Freeport-McMoRan (FCX): Q3 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— 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 Hormel Foods (HRL) reports Q4 2023 earnings

Shares of Hormel Foods Corporation (NYSE: HRL) were down over 1% on Monday. The stock has dropped 29% year-to-date. The food company is set to report its fourth quarter 2023 earnings

Kroger set to report Q3 results. Here’s everything you need to know

The Kroger Co. (NYSE: KR), a leading grocery retailer that operates both in-store and online, will be reporting earnings this week. The company, which is preparing to acquire rival retailer

Earnings Preview: Salesforce will likely deliver another strong quarter

Salesforce, Inc. (NYSE: CRM) achieved accelerated sales growth and profitability in recent quarters, in line with its transformation goal. The customer relationship management platform bets on new opportunities in generative

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top