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Actionable news in FCX: FreePORT-MCMORAN Inc,

Freeport-McMoran (FCX) Stock Up Despite Q3 Miss

NEW YORK (TheStreet) -- Shares of Freeport-McMoRan (FCX) were gaining in early-afternoon trading on Tuesday despite reporting 2016 third-quarter earnings and revenue below analysts' expectations.

Before the market open, the Phoenix-based miner reported adjusted earnings of 13 cents per share, missing analysts' estimates of 20 cents per share.

Revenue climbed to $3.88 billion from $3.38 billion a year ago but fell short of analysts' estimates of $3.96 billion.

Freeport said it sold 1.2 million pounds of copper and...


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