By Allison Prang

Freeport-McMoRan Inc.'s (FCX) profit fell in the fourth quarter as revenue fell and interest expenses rose.

The company reported earnings of $140 million, down from $1.04 billion the comparable quarter a year ago. Earnings were nine cents a share, down from 71 cents a share. Analysts polled by Refinitiv were expecting earnings of 22 cents a share.

Adjusted earnings were 11 cents a share, down from 51 cents a share. Analysts polled by Refinitiv were expecting adjusted earnings of 18 cents a share.

Revenue fell 27% to $3.68 billion. Analysts polled by Refinitiv were expecting revenue of $3.78 billion.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

January 24, 2019 08:38 ET (13:38 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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