— 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
Richtech’s mission is to transform the service industry through collaborative robotic solutions: President
Richtech Robotics Inc. (NASDAQ: RR) is a leading provider of robotic solutions, developing, manufacturing, and deploying novel products needed for automation in the service industry. The company's solutions include delivery,
What to expect when Darden Restaurants reports Q1 results
Darden Restaurants, Inc. (NYSE: DRI) is scheduled to release its first-quarter report on September 19, with analysts forecasting a year-over-year increase in sales and profit. The market will be keeping a
Oracle (ORCL) sees continued strong revenue growth in FY25
Oracle Corporation (NYSE: ORCL) started the new fiscal year on a high note with stronger-than-expected first-quarter results, driving the stock higher soon after the announcement. The tech giant’s earnings and
