{"schema_version":"secwatch.filing_event.v1","accession":"0000831259-23-000016","form_type":"8-K","ticker":"FCX","cik":"0000831259","company_name":"FREEPORT-MCMORAN INC","filed_at":"2023-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.384541+00:00","generated_at":"2026-06-16T21:57:27.929250+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Freeport-McMoRan Q1 net income $663M ($0.46/share), down 57% YoY; weather-hit sales","bullets":["Revenue $5.4B, down 18% from $6.6B YoY; operating income $1.6B vs $2.8B.","Copper sales 832M lbs, down 19% YoY, missing Jan guidance of 900M lbs due to Feb weather disruption.","Adjusted EPS $0.52 vs $0.46 reported; charges of $94M for environmental, tax, impairment items.","Full-year 2023 copper sales guidance 4.1B lbs; Q2 expected 1.1B lbs as Grasberg recovers.","Operating cash flow $1.05B; FY2023 expected ~$7.0B at assumed $4.00/lb copper."],"urls":{"canonical":"https://secwatch.observer/filing/0000831259-23-000016","json":"https://secwatch.observer/filing/0000831259-23-000016.json","markdown":"https://secwatch.observer/filing/0000831259-23-000016.md","text":"https://secwatch.observer/filing/0000831259-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/831259/000083125923000016/0000831259-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/831259/000083125923000016/fcx-20230421.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T21:57:27.929250+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ffc29ef15ef1b73454d9d9f7eac5ed7659c336bd","claim":"FREEPORT-MCMORAN INC reported first-quarter 2023 results: revenue $ 5,389, net income $663 million, EPS $0.46 per share.","evidence_excerpt":"team to deliver long-term value to all stakeholders.\" SUMMARY FINANCIAL DATA Three Months Ended March 31, 2023 2022 (in millions, except per share amounts) Revenues a,b $ 5,389 $ 6,603 Operating income a $ 1,601 $ 2,809 Net income attributable to common stock c,d $ 663 $ 1,527 Diluted net income per share of common stock $ 0.46 $ 1.04 Diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/831259/000083125923000016/0000831259-23-000016-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first-quarter 2023"},{"label":"Revenue","value":"$ 5,389"},{"label":"Net income","value":"$663 million"},{"label":"EPS","value":"$0.46 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}