Freeport- McMoran (NYSE: FCX) reported Q3 revenues of $5 billion, a drop of 17.8% year-over-year, beating Street estimates by $90 million.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Adjusted earnings for the mining company in Q3 came in at $0.26 per share, surpassing analysts’ estimates of $0.24.
The company’s production of copper and gold also surged in Q3 with volumes above its July guidance.