Categories Earnings, Industrials
Earnings: Highlights of Freeport McMoRan’s Q1 2023 financial results
Mining company Freeport-McMoRan Inc. (NYSE: FCX) on Friday reported financial results for the first quarter of 2023.
- Net income attributable to common stock was $663 million or $0.46 per share in the first quarter, compared to $1.53 billion or $1.04 per share last year
- Adjusted net income attributable to common stock more than halved to $0.52 per share from $1.07 per share in the year-ago quarter
- Consolidated production totaled 965 million pounds of copper, 405 thousand ounces of gold, and 21 million pounds of molybdenum during the three-month period
- Consolidated sales were 832 million pounds of copper, 270 thousand ounces of gold, and 19 million pounds of molybdenum
- Total first-quarter revenues declined to $5.39 billion from $6.60 billion in the same period of last year
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
TGT Earnings: Key quarterly highlights from Target’s Q1 2024 financial results
Target Corporation (NYSE: TGT) reported its first quarter 2024 earnings results today. Total revenue decreased 3.1% year-over-year to $24.5 billion. Comparable sales declined 3.7%. Net earnings dipped 1% to $942
Important takeaways from AutoZone’s (AZO) Q3 2024 report
Automotive parts retailer AutoZone, Inc. (NYSE: AZO) reported mixed results for the third quarter of 2024, with earnings exceeding the market’s forecast and sales missing. The management is optimistic about
What to look for when Dollar General (DG) reports Q1 2024 earnings results
Shares of Dollar General Corporation (NYSE: DG) rose over 3% on Tuesday. The stock has dropped 31% over the past 12 months. The discount retailer is scheduled to report its first
