Company News:Freeport-McMoRan (FCX) Q4 EPS miss analysts’ estimate

Market news

25 January 2017

Company News:Freeport-McMoRan (FCX) Q4 EPS miss analysts’ estimate

Freeport-McMoRan reported Q4 FY 2016 earnings of $0.25 per share (versus -$0.02 in Q4 FY 2015), missing analysts' consensus estimate of $0.33.

The company's quarterly revenues amounted to $4.377 bln (+24.5% y/y), generally in-line with analysts' consensus estimate of $4.336 bln.

FCX fell to $16.58 (-2.59%) in pre-market trading.

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