Reports Q4 revenue $5.91B, consensus $5.86B. Richard Adkerson, chairman and CEO, said, “We enter 2024 with a focus on strong execution of our operating and investment plans, optimism on market fundamentals and a relentless drive to enhance the value of our strong portfolio of assets. Our global team achieved success during 2023 on a number of important initiatives to enhance value, advance growth options and position us for the future. During 2024, we will continue to prioritize productivity gains, operating and capital cost discipline and the advancement of organic opportunities for future long-term growth. We are dedicated to increasing the long-term value of our attractive assets, supported by the successful track record of our experienced and committed team, strong financial position and exposure to copper and other commodities with favorable long-term market fundamentals.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on FCX:
- Options Volatility and Implied Earnings Moves Today, January 24, 2024
- Freeport-McMoRan price target raised to $43 from $42 at JPMorgan
- Options Volatility and Implied Earnings Moves This Week, January 22 – January 26, 2024
- Freeport-McMoRan, Inc. (FCX) Q4 Earnings Cheat Sheet
- Freeport-McMoRan initiated with a Neutral at UBS