Recap: Freeport-McMoRan Q1 Earnings

Freeport-McMoRan FCX reported its Q1 earnings results on Thursday, April 21, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Freeport-McMoRan beat estimated earnings by 13.83%, reporting an EPS of $1.07 versus an estimate of $0.94.

Revenue was up $1.75 billion from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 3.46% drop in the share price the next day.

Here's a look at Freeport-McMoRan's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.92	0.81	0.75	0.51
EPS Actual	0.96	0.89	0.77	0.51
Revenue Estimate	6.47B	6.18B	5.81B	4.89B
Revenue Actual	6.16B	6.08B	5.75B	4.85B

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.

Overview Rating:

Speculative

0100

Earnings Calendar