iBankCoin
Joined Nov 11, 2007
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$FCX Beats Expectations

“Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported fourth quarter and full-year 2012 results before markets opened this morning. The mining company posted diluted quarterly earnings per share (EPS) of $0.78 on revenues of $4.51 billion. In the same period a year ago, Freeport-McMoRan reported EPS of $0.67 on $4.16 billion in revenues. Fourth-quarter results also compare to the consensus estimates for EPS of $0.70 on revenues of $4.47 billion.

For the full year, the company reported adjusted EPS of $3.19 on revenues of $18.01 billion, compared with EPS of $4.78 in 2011 on revenues of $20.88 billion. The consensus estimates called for EPS of $3.15 on revenues of $18.15 billion.

The company’s CEO said…”

Full report

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