Freeport-McMoRan Q1 Adj. EPS $0.24, Inline, Sales $5.73B Beat $5.44B Estimate

Freeport-McMoRan (NYSE:FCX) reported quarterly earnings of $0.24 per share which met the analyst consensus estimate. This is a 25 percent decrease over earnings of $0.32 per share from the same period last year. The company reported quarterly sales of $5.73 billion which beat the analyst consensus estimate of $5.44 billion by 5.33 percent. This is a 9.38 percent decrease over sales of $6.32 billion the same period last year.