Freeport-McMoRan Inc. Reveals Advance In Q2 Profit

(RTTNews) - Freeport-McMoRan Inc. (FCX) reported a profit for its second quarter that Increases, from the same period last year

The company's earnings totaled $984 million, or $0.68 per share. This compares with $772 million, or $0.53 per share, last year.

Excluding items, Freeport-McMoRan Inc. reported adjusted earnings of $1.080 billion or $0.74 per share for the period.

The company's revenue for the period fell 7.3% to $7.029 billion from $7.582 billion last year.

Freeport-McMoRan Inc. earnings at a glance (GAAP) :

-Earnings: $984 Mln. vs. $772 Mln. last year. -EPS: $0.68 vs. $0.53 last year. -Revenue: $7.029 Bln vs. $7.582 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This data feed is not available at this time.