Earnings Preview: Freeport-McMoran Copper & Gold EPS, Revenue Expected to Rise from Previous Quarter

Freeport-McMoran Copper & Gold FCX earnings are coming up! Don't miss out: The company unveils its next round of earnings this Thursday, July 21, 2011.

Need to cram before Thursday's earnings release? We've got just the thing. Here's an advanced look at Freeport-McMoran Copper & Gold's second quarter earnings report.

Let's Do the Numbers:

Wall Street expects a positive EPS reading of $1.36 per share and revenues of $5.76 billion. Can Freeport-McMoran Copper & Gold manage the estimated 124% rise in EPS and 149% increase in revenues as analysts are predicting? We'll have to wait until Thursday to find out.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$1.26	$1.45	$1.07	$0.69
EPS Actual	$1.57	$1.63	$1.25	$0.75

Stock Performance:

Shares of Freeport-McMoran Copper & Gold were trading at $55.34 as of July 15, 2011. Since January 1st, shares of Freeport-McMoran Copper & Gold have declined 6.6%.

Average Stock Rating:

The average rating by analysts for Freeport-McMoran Copper & Gold is a Moderate Buy. The strength of this rating has stayed consistent over the past three months.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Freeport-McMoran Copper & Gold's peers.

• Alcoa AA: Hold with a $0.32 recent quarter EPS
• Newmont Mining Corporation (NEM): Hold with a $1.03 recent quarter EPS
• Royal Gold (RGLD): Hold with a $0.35 recent quarter EPS

Finally, a description of the main business areas of the company, in case you need a little refresher: Freeport-McMoRan Copper & Gold Inc. is an international company that mines copper, gold and molybdenum.

Take Action:

Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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