Post The Release Of FY2019 Results, Has Freeport-McMoRan’s Stock Reached Its Fair Value?
- Friday, January 31, 2020, 7:16
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Freeport-McMoRan saw its stock price fall by about 7.5% immediately following the announcement of its 2019 earnings on January 23, 2020. Though the company managed to marginally exceed consensus estimate for revenue and earnings (reported revenue of $14.4 billion vs. consensus of $14.3 billion…