Mining company Freeport-McMoRan Inc. (NYSE: FCX) announced financial results for the third quarter of 2024, reporting an increase in revenues.
Net income attributable to common stock totaled $526 million or $0.36 per share in Q3, vs. $454 million or $0.31 per share last yearOn an adjusted basis, earnings were $0.38 per share in the September quarter, vs. $0.39 per share in the year-ago quarterConsolidated production totaled 1.1 billion pounds of copper, 456,000 ounces of gold, and 20 million pounds of molybdenum in Q3Total sales were 1.0 billion pounds of copper, 558,000 ounces of gold, and 19 million pounds of molybdenumThird-quarter revenues increased to $6.79 billion from $5.82 billion in the same period of 2023Operating cash flow was $1.9 billion in the third quarter, vs. $1.24 billion a year earlier
The post Earnings Summary: Freeport-McMoRan reports increase in Q3 2024 revenue first appeared on AlphaStreet.
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