Recap: Freeport-McMoRan Q4 Earnings

Shares of Freeport-McMoRan FCX rose 1.4% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 1850.00% year over year to $0.39, which beat the estimate of $0.38.

Revenue of $4,495,000,000 higher by 14.93% from the same period last year, which beat the estimate of $4,210,000,000.

Looking Ahead

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

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

Details Of The Call

Date: Jan 26, 2021

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.fcx.com%2F&eventid=2879769&sessionid=1&key=FBCC55B89C0B8C6FFD3C1EACC705F14A&regTag=&V2=false&sourcepage=register

Price Action

Company's 52-week high was at $32.49

Company's 52-week low was at $4.82

Price action over last quarter: Up 59.91%

Company Overview

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.