Freeport-McMoRan Is Resilient Despite Indonesian Challenges

The largest publicly traded copper miner reported first-quarter 2014 operating earnings per share of $0.48, topping Wall Street estimates of $0.43 by 12%. The headline EPS of $0.49 was adjusted for a $0.01 gain from oil and gas derivatives. The beat was largely driven by the energy segment, where volume, revenue, and costs all came in better than market expectations.

Read more at: http://www.fool.com/investing/general/2014/04/28/freeport-mcmoran-is-resilient-despite-indonesian-c.aspx

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