Freeport-McMoRan Inc. Q2 Profit Increases, Beats Estimates
(RTTNews) - Freeport-McMoRan Inc. (FCX) revealed a profit for its second quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $616 million, or $0.42 per share. This compares with $343 million, or $0.23 per share, in last year's second quarter.
Excluding items, Freeport-McMoRan Inc. reported adjusted earnings of $667 million or $0.46 per share for the period. Analysts on average had expected the company to earn $0.
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