Freeport-McMoRan reported Q1 FY 2016 net losses of $0.16 per share (versus net losses of $0.06 in Q1 FY 2015), in-line with analysts’ consensus estimate.
The company’s quarterly revenues amounted to $3.527 bln (-15.1% y/y), generally in-line with consensus estimate of $3.524 bln.
FCX rose to $11.44 (+0.79%) in pre-market trading.
The post Company News: Freeport-McMoRan (FCX) Posts Q1 Results in Line With Analysts’ Estimates appeared first on forex-analytics.press.