Benzinga | Jul 23, 2020 08:14AM EDT

Recap: Freeport-McMoRan Q2 Earnings

Shares of Freeport-McMoRan (NYSE:FCX) rose 0.9% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 175.00% year over year to $0.03, which beat the estimate of ($0.02).

Revenue of $3,054,000,000 decreased by 13.87% year over year, which missed the estimate of $3,130,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Freeport-McMoRan hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jul 23, 2020

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.fcx.com%2Finvestors%2Fdefault.aspx&eventid=2393554&sessionid=1&key=FE3D5611E5156E899DD21EBFF46DD3FF&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $13.87

Company's 52-week low was at $4.82

Price action over last quarter: Up 55.37%

Company Profile

Freeport-McMoRan Inc mines more copper than any other publicly traded company in the world. Its assets include the Indonesian Grasberg mining complex, the world's largest copper and gold mine in terms of recoverable reserves. Freeport also has significant mining operations in the Americas.