Freeport-McMoRan reports higher third-quarter earnings and maintains 2026 outlook
Filed with the SEC on · Summarized by InvestorsBot
Freeport-McMoRan reported third-quarter 2026 revenue of $7.5 billion, net income attributable to common stock of $1.2 billion, or $0.81 per diluted share, and adjusted earnings of $0.88 per share, compared with $0.46 a year earlier. Operating cash flow rose to $2.0 billion, while the Grasberg ramp-up in Indonesia and smelter restart progressed; FCX expects 2026 sales of 3.0 billion pounds of copper, 649,000 ounces of gold and 93 million pounds of molybdenum, with about $8.5 billion in operating cash flow and $4.4 billion in capital spending.