Freeport-McMoRan Q1 2016 Earnings Review: Higher Copper Shipments Partially Offset Impact Of Weak Copper And Oil Prices On Results

-18.42%
Downside
50.02
Market
40.81
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The decline in copper and oil prices over the course of the past twelve months negatively impacted Freeport-McMoRan’s Q1 earnings. However, economies of scale generated as a result of higher copper production and shipments, partially offset the negative impact of weaker pricing on the company’s earnings.

FCX Earnings 2

Have more questions about Freeport-McMoRan? See the links below.

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Freeport-McMoRan

 

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