Freeport-McMoRan's profit beats estimates due to rising copper prices
(Reuters) -Copper miner Freeport-McMoRan posted a better-than-expected fourth-quarter profit on Thursday, as higher prices for the metal offset a drop in production in the company's Indonesian operations.
Freeport-McMoRan: Q4 Earnings Snapshot
(FCX) on Thursday reported fourth-quarter earnings of $274 million. The Phoenix-based company said it had net income of 19 cents per share. Earnings, adjusted for non-recurring costs, came to 31 cents per share.
Compared to Estimates, Freeport-McMoRan (FCX) Q4 Earnings: A Look at Key Metrics
The headline numbers for Freeport-McMoRan (FCX) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Freeport-McMoRan beats fourth-quarter profit estimates
Miner Freeport-McMoRan beat fourth-quarter profit estimates on Thursday, helped by higher copper prices. Average copper prices rose in the fourth quarter, helped by signs of more stimulus in top consumer China,
Freeport-McMoRan (FCX) Beats Q4 Earnings Estimates
Freeport-McMoRan (FCX) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.
Freeport-McMoRan Inc. Q4 Income Declines, Misses Estimates
Freeport-McMoRan Inc. (FCX) released a profit for fourth quarter that decreased from last year and missed the Street estimates. The
Freeport-McMoRan beats Q4 profit estimates helped by higher copper prices
Freeport-McMoRan beat fourth-quarter profit estimates on Thursday, as higher copper prices helped offset the impact of lower production.
Freeport Posts Drop in 4Q Net, Sees Indonesian Smelter Starting Mid 2025
Freeport-McMoRan posted a sharp decline in fourth-quarter earnings on diminished copper-and-gold production, but the miner said a long-awaited smelter project at a sprawling Indonesian mine would soon ...
Lonnie Poindexter, of Freeport, sentenced for breeding and selling pit bulls used in dogfighting, Nassau prosecutors say
Lonnie Poindexter, 56, will also be sentenced to 5 years probation — a period for which he will be prohibited from possessing any animals, records show.
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Freeport LNG export plant in Texas on track to exit outage as natgas flows increase
Natural gas flows to Freeport LNG's export plant in Texas were set to rise on Thursday after a power problem during a winter storm forced it to shut on Tuesday, data from LSEG and energy traders ...
Teen shot in attempted robbery, Freeport police search for suspects
The victim says he was in the 1000 block of W. Smith St. when two teenage boys approached him and told him to empty his ...
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Freeport man charged with having a pistol without a FOID card
Freeport Police arrested Demarion Clark, 20, for allegedly possessing a pistol without a FOID card. On Jan. 17, around 11 a.m ...
Freeport-McMoRan: Time For A Checkup With Dr. Copper (Technical Analysis)
McMoRan's diversified production and future automation plans position it well for long-term growth and cost reduction. Read ...
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BISX-listed bank ‘escapes liability’ over alleged $115k pension theft
# A BISX-listed bank yesterday overturned a $115,489 damages award “to escape liability” related to the alleged theft of pension contributions made on behalf of staff at a Freeport-based resort.
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Teen shot while fleeing attakers in Freeport robbery
An 18-year-old teen was shot as he attempted to flee from a pair of teen robbers on Monday afternoon, according to the ...