Copper Boom Keeps Freeport's Profits Flowing Despite Grasberg Challenges
Freeport-McMoRan tops Q2 expectations with $0.74 adjusted EPS and $7.03B revenue, fueled by soaring copper and gold prices.
Freeport made more money than people expected because copper and gold prices went way up, even though one of their mines had some tough times. When a company beats expectations, it can mean the business is running well—so it's good info to track when looking at this stock.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.