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Freeport-McMoRan's Q1 earnings beat estimates, sending shares up despite a minor sell-off by Spire Wealth.
Freeport-McMoRan Inc., a major mining company, saw its shares rise after reporting a $0.24 EPS for Q1, beating estimates.
Analysts predict a 1.68 EPS for the year, with an average "Moderate Buy" rating and a target price of $48.27.
The company reported revenue of $5.73 billion and announced a dividend of $0.15 per share.
Despite this, Spire Wealth Management reduced its holdings by 10.5%.
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Las ganancias del primer trimestre de Freeport-McMoRan superaron las estimaciones, haciendo subir las acciones a pesar de una pequeña venta por parte de Spire Wealth.