Earnings Flash (FCX) Freeport-McMoRan Posts Q1 Revenue $6.23B, vs. FactSet Est of $5.73B

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Freeport-McMoRan (FCX) has posted strong Q1 results, with revenue reaching $6.23 billion, surpassing the FactSet estimate of $5.73 billion. The company also reported an adjusted EPS of $0.57, exceeding the FactSet estimate of $0.47. This positive performance is highlighted by several recent analyst price target increases and maintaining “Buy” or “Overweight” ratings.

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