FILING ANALYSIS · TUESDAY, OCTOBER 27
FREEPORT-MCMORAN INC FCX — 8-K: Results of Operations and Financial Condition
neutral
Freeport-McMoRan reported third-quarter earnings of $1.2 billion, or $0.81 per share, and adjusted net income of $1.3 billion, or $0.88 per share, with strong margins and cash flow generation driven by favorable pricing for copper and molybdenum. The company also announced it purchased 1.4 million shares of its common stock for $102 million during the quarter.
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