Freeport-McMoRan said net income attributable to common stock for Q1 2024 was $473 million ($0.32 per share), and revenues were $6,321 million. It said net income for Q1 2023 was $663 million ($0.46 per share), and revenues were $5,389 million.

1. 01

   Freeport-McMoRan said net income attributable to common stock for Q1 2024 was $473 million ($0.32 per share), and revenues were $6,321 million. It said net income for Q1 2023 was $663 million ($0.46 per share), and revenues were $5,389 million.

2. 02

   The company said it expects consolidated copper sales for 2024 to be about 4.15 billion pounds, and operating cash flow of about $7.4 billion (net of $0.2 billion in working capital and other uses). It said the operating cash flow outlook assumes an average copper price of $4.25 per pound for the remainder of 2024.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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