Freeport-McMoRan (FCX) Surpasses Q3 Earnings and Revenue Estimates

Freeport-McMoRan (FCX) came out with quarterly earnings of $0.5 per share, beating the Zacks Consensus Estimate of$ 0.41 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +21.95%. A quarter ago, it was expected that this mining company would post earnings of$ 0.46 per share when it actually produced earnings of $0.54, delivering a surprise of +17.39%.Over the last four quarters, the ...