Freeport-McMoRan beats Q3 estimates on strong copper pricing
FROM THE WIRE · FINANCE.YAHOO.COM
Freeport-McMoRan Inc. FCX reported adjusted earnings of 88 cents per share for the third quarter of 2026, up 76% from 50 cents a year earlier. The figure topped the Zacks Consensus Estimate of 80 cents by 10%. Revenues rose 8.2% year over year to $7.55 billion, beating the Zacks…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results above expectations driven by copper prices, relevant for the mining sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01FCX reported adjusted earnings of 88 cents per share, up 76% year over year.
- 02Revenue rose 8.2% to $7.55 billion, beating the consensus estimate of $7.09 billion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets