Freeport-McMoRan Copper & Gold Inc. (FCX) reported that its second-quarter net income attributable to common stock decreased to $482 million or $0.49 per share, from $710 million or $0.74 per share, last year.
On average, 16 analysts polled by Thomson Reuters expected the company to report profit of $0.41 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues decreased to $4.29 billion, from $4.48 billion last year. Analysts expected revenue of $4.28 billion for the quarter.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.