Freeport-McMoRan Reports Fourth-Quarter and Year Ended December 31, 2015 Results
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Freeport-McMoran (FCX) Pushes Above $5/Share
January 27, 2016 1:33 PM ESTFreeport-McMoran (NYSE: FCX) is adding to yesterday's gains and trading at the highs of the session. Shares are up 19.4% to $5.01 after rising 7% yesterday following earnings.
... MoreFreeport-McMoran (FCX) Posts Q4 Adj-Loss of $0.02/Share
January 26, 2016 8:03 AM ESTFreeport-McMoran (NYSE: FCX) reported Q4 EPS of ($0.02), $0.11 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.89 billion.
Net loss attributable to common stock totaled $4.1 billion, $3.47 per share, for fourth-quarter 2015 and $12.2 billion, $11.31 per share, for the year 2015. After adjusting for net charges totaling $4.1 billion, $3.45 per share, for fourth-quarter 2015 and $12.1 billion, $11.23 per share, for the year 2015, adjusted net loss totaled $21 million, $0.02 per share, for fourth-quarter 2015 and $89 million, $0.08 per share, for the year 2015.Consolidated sales totaled 1.15 billion pounds of copper, 338 thousand ounces of gold, 20... More