Freeport-McMoRan C&G (FCX) Post Q4 EPS of $0.68, or $0.84 Ex-Items; Revs Light

January 22, 2014 8:05 AM EST
Freeport-McMoRan C&G (NYSE: FCX) reported Q4 EPS of $0.68, or $0.84 ex-items, $0.03 better than the analyst estimate of $0.81. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $6.39 billion.

James R. Moffett, Chairman of the Board; Richard C. Adkerson, Vice Chairman, and FCX President and Chief Executive Officer; and James C. Flores, Vice Chairman, and FM O&G President and Chief Executive Officer, said, "Our fourth-quarter results reflect strong operating performance in our global mining and oil and gas businesses. As we enter 2014, we are positive about our large and diverse portfolio of assets and resources, which provide attractive near-term and longer term growth opportunities. We remain focused on building value for shareholders through strong operations, investing prudently in our financially attractive projects, achievement of our debt reduction initiatives and providing cash returns to shareholders."

For earnings history and earnings-related data on Freeport-McMoRan C&G (FCX) click here.


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