Freeport-McMoRan (FCX) Tops Q1 Earnings and Revenue Estimates

Freeport-McMoRan (FCX) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of$ 0.27 per share. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.52%. A quarter ago, it was expected that this mining company would post earnings of$ 0.21 per share when it actually produced earnings of $0.27, delivering a surprise of 28.57%.Over the last four quarters, the c ...