Freeport's adjusted earnings per share in the second quarter were $0.74, compared with $0.54 in the same period last year, and the estimate was $0.60
Freeport's adjusted earnings per share in the second quarter were $0.74, compared with $0.54 in the same period last year, and the estimate was $0.60. Second quarter revenue was US$7.03 billion, -7.3% year-on-year, and the estimate was US$6.84 billion. Second quarter revenue and capital expenditures were US$1.10 billion, -12% year-on-year, and estimated US$1.08 billion. Freeport still forecasts that full-year capital expenditures will be approximately US$4.3 billion, compared with market estimates of US$4.3 billion.