Freeport-McMoRan (NYSE: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.
Earnings
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.
Past Earnings Performance
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.
