Freeport earnings expected to decline
Jan 18, 2013 | 05:41 PM
| Suzy Waite
Tags
Freeport-McMoRan Copper & Gold,
Freeport,
Grasberg,
Dahlman Rose,
Morgan Stanley,
Citigroup,
Plains Exploration & Production,
McMoRan Exploration
Suzy Waite
NEW YORK — Analysts forecast that Freeport-McMoRan Copper & Gold Inc.’s fourth-quarter earnings will be down slightly from the prior quarter, although they say that the ongoing ramp-up at its Grasberg Mine should have a positive effect.
New York-based Dahlman Rose & Co. LLC expects Freeport to report net income of 65 cents per share, while New York-based Morgan Stanley & Co. LLC forecasts 67 cents and New York-based Citigroup Inc. 70 cents. ....
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