Benzinga | Apr 22, 2021 08:07AM EDT

Freeport-McMoRan Q1 EPS $0.48 Misses $0.51 Estimate, Sales $4.85B Miss $4.89B Estimate

Freeport-McMoRan (NYSE:FCX) reported quarterly earnings of $0.48 per share which missed the analyst consensus estimate of $0.51 by 5.88 percent. This is a 400 percent increase over losses of $(0.16) per share from the same period last year. The company reported quarterly sales of $4.85 billion which missed the analyst consensus estimate of $4.89 billion by 0.82 percent. This is a 73.34 percent increase over sales of $2.80 billion the same period last year.