Recap: Freeport-McMoRan Q1 Earnings

Freeport-McMoRan FCX reported its Q1 earnings results on Friday, April 21, 2023 at 08:00 AM.

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

Earnings

Freeport-McMoRan beat estimated earnings by 13.04%, reporting an EPS of $0.52 versus an estimate of $0.46.

Revenue was down $1.21 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 2.55% drop in the share price the next day.

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

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.