Freeport-McMoRan Inc (NYSE:FCX), a global leader in producing copper, gold and molybdenum, approaches its fourth-quarter earnings report, set for release in Thursday’s pre-market session, bolstered by a strong third-quarter performance that surpassed market expectations.According to analyst consensus estimates, Freeport-McMoRan is expected to report fourth-quarter EPS of 21 cents on revenue of $5.93 billion.What To Know: Freeport-McMoRan in the third quarter reported revenue of $6.79 billion, beating the consensus of $6.47 billion, with adjusted EPS of $0.38 surpassing estimates of $0.35. Despite facing challenges such as lower ore grades and operating rates in North America, copper sales totaled 1 billion pounds, driven by favorable shipment timing.Read Also: Intel Vs. AMD: Server Battle, AI Race Frame Earnings …Full story available on Benzinga.com
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