Freeport-McMoran (NYSE:FCX) reported Q4 EPS of $0.67, which includes a $0.05 charge for labor costs. Consensus estimates were for EPS of $0.61.The company reported Q4 revenues of $4.16 billion, vs. consensus estimates of $3.74 billion.The company lowered its 2012 copper sales target to 3.8b lbs vs. 11/17 forecast of 3.9b lbs.Freeport forecasts gold production of 1.2m oz. vs. its prior 1.1m.