Freeport-McMoRan Q2 EPS $0.35 Beats $0.34 Estimate, Sales $5.74B Beat $5.54B Estimate
Portfolio Pulse from Bill Haddad
Freeport-McMoRan reported Q2 earnings per share (EPS) of $0.35, beating the estimate of $0.34. The company's sales also surpassed estimates, coming in at $5.74 billion against the expected $5.54 billion.
July 20, 2023 | 12:08 pm
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POSITIVE IMPACT
Freeport-McMoRan's Q2 earnings and sales beat estimates, which could positively impact the company's stock in the short term.
Freeport-McMoRan's better-than-expected Q2 earnings and sales could lead to increased investor confidence, potentially driving up the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100