Depending on who you ask the company beat estimates or missed estimates.
From the Company, October 20, 2022:
Freeport-McMoRan Inc. (NYSE: FCX) reported third-quarter 2022 net income attributable to common stock of $404 million, $0.28 per share, and adjusted net income attributable to common stock of $375 million, $0.26 per share, after excluding net credits totaling $29 million, $0.02 per share, primarily associated with gains on early extinguishment of debt and favorable adjustments associated with international tax audits, partly offset by inventory adjustments. For additional information, refer to the supplemental schedule, "Adjusted Net Income," on page VII....
....MUCH MORE (39 page PDF)
Perhaps more interesting is the conference call presentation package.
The stock is up $2.04 (7.19%) at $30.40. Most active futures are up a dime at 3.4260 trading inversely with the dollar, the DXY is down .60%.
