Freeport-McMoRan Copper & Gold (NYSE: FCX) is expected to report Q1 earnings around Jan. 27. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Freeport-McMoRan Copper & Gold's revenues will grow 19.3% and EPS will grow 10.4%.

The average estimate for revenue is $5.49 billion. On the bottom line, the average EPS estimate is $1.06.

Revenue details
Last quarter, Freeport-McMoRan Copper & Gold tallied revenue of $4.51 billion. GAAP reported sales were 8.4% higher than the prior-year quarter's $4.16 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.74. GAAP EPS of $0.78 for Q4 were 15% higher than the prior-year quarter's $0.68 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 39.3%, 320 basis points worse than the prior-year quarter. Operating margin was 28.8%, 240 basis points worse than the prior-year quarter. Net margin was 16.5%, 110 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $22.38 billion. The average EPS estimate is $4.58.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 5,790 members out of 5,983 rating the stock outperform, and 193 members rating it underperform. Among 1,236 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,196 give Freeport-McMoRan Copper & Gold a green thumbs-up, and 40 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Freeport-McMoRan Copper & Gold is outperform, with an average price target of $41.70.

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