Recap: Freeport-McMoRan Q3 Earnings

Freeport-McMoRan FCX reported its Q3 earnings results on Thursday, October 20, 2022 at 08:00 AM.

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

Freeport-McMoRan missed estimated earnings by 16.13%, reporting an EPS of $0.26 versus an estimate of $0.31.

Revenue was down $1.08 billion from the same period last year.

Last quarter the company missed on EPS by $0.22 which was followed by a 3.98% drop in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.80	0.94	0.92	0.81
EPS Actual	0.58	1.07	0.96	0.89
Revenue Estimate	6.13B	6.41B	6.47B	6.18B
Revenue Actual	5.42B	6.60B	6.16B	6.08B

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.

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