Core Viewpoint - Southern Copper (SCCO) is expected to report a year-over-year increase in earnings due to higher revenues, with the consensus outlook being crucial for assessing the company's earnings picture [1][3]. Earnings Expectations - The consensus EPS estimate for Southern Copper is $1.02 per share, reflecting a year-over-year increase of +79% [3]. - Revenues are anticipated to reach $2.78 billion, marking a 21.1% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. - The Most Accurate Estimate for Southern Copper is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -13.30%, suggesting a bearish sentiment among analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the deviation of actual earnings from the consensus estimate, with positive readings being more reliable [7][8]. - Southern Copper's current Zacks Rank is 3, which complicates the prediction of an earnings beat [11]. Historical Performance - In the last reported quarter, Southern Copper exceeded the expected earnings of $1.12 per share by delivering $1.15, resulting in a surprise of +2.68% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Conclusion - While Southern Copper does not appear to be a strong candidate for an earnings beat, investors should consider other factors when making investment decisions ahead of the earnings release [16].

Company Performance - Southern Copper (SCCO) closed at $98.68, reflecting a +0.57% change from the previous trading day's closing, underperforming compared to the S&P 500's daily gain of 0.88% [1] - Over the past month, shares of Southern Copper gained 4.86%, outperforming the Basic Materials sector's gain of 1.03% and the S&P 500's gain of 1.17% [2] Earnings Expectations - Analysts expect Southern Copper to post earnings of $1.06 per share in the upcoming release, indicating a year-over-year growth of 85.96% [3] - The consensus estimate for revenue is $2.84 billion, representing a 23.57% increase compared to the same quarter last year [3] Analyst Estimates and Ratings - Recent modifications to analyst estimates for Southern Copper reflect evolving short-term business trends, with positive revisions indicating analyst optimism about the company's profitability [4] - Southern Copper currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection having moved 1.19% lower in the past 30 days [6] Valuation Metrics - Southern Copper has a Forward P/E ratio of 21.57, which is in line with the average Forward P/E of its industry [7] - The company has a PEG ratio of 1.95, matching the average PEG ratio of the Mining - Non Ferrous industry, which is part of the Basic Materials sector [8] Industry Context - The Mining - Non Ferrous industry has a Zacks Industry Rank of 151, placing it in the bottom 40% of all 250+ industries [8] - The strength of individual industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [9]

Company Performance - Southern Copper (SCCO) closed at $94.60, with a +0.18% change from the previous day, outperforming the S&P 500 which fell by 0.04% [1] - The upcoming EPS for Southern Copper is projected at $1.06, indicating an 85.96% increase year-over-year, while revenue is expected to be $2.85 billion, reflecting a 24.24% increase compared to the same quarter last year [2] - For the full year, earnings are projected at $4.45 per share and revenue at $11.79 billion, representing increases of +43.09% and +19.11% respectively from the prior year [7] Analyst Estimates and Rankings - Recent changes to analyst estimates for Southern Copper indicate a shifting business landscape, with positive revisions suggesting analyst optimism about the company's profitability [3] - The Zacks Rank for Southern Copper is currently 3 (Hold), with a recent 1.33% decline in the Zacks Consensus EPS estimate [4] - The Forward P/E ratio for Southern Copper is 21.23, which is a premium compared to the industry average of 20.62, and the PEG ratio stands at 1.48, higher than the industry average of 0.94 [9] Industry Context - Southern Copper operates within the Mining - Non Ferrous industry, which is part of the Basic Materials sector, currently ranked 170 out of over 250 industries, placing it in the bottom 33% [5] - The stock has experienced a 5.3% decline over the past month, which is better than the Basic Materials sector's loss of 8.95% but worse than the S&P 500's gain of 1.05% [6]

Company Performance - Southern Copper (SCCO) ended the latest trading session at $93.01, reflecting a +1.12% adjustment from the previous day's close, outperforming the S&P 500's gain of 1.09% [1] - Over the last month, Southern Copper's shares have decreased by 8.64%, which is better than the Basic Materials sector's loss of 8.81% but worse than the S&P 500's loss of 0.71% [1] Upcoming Earnings - The upcoming earnings release is highly anticipated, with projected earnings per share (EPS) of $1.06, indicating an 85.96% increase from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is $2.85 billion, representing a 24.24% increase from the previous year [2] Full Year Estimates - For the full year, analysts expect earnings of $4.45 per share and revenue of $11.79 billion, marking increases of +43.09% and +19.11% respectively from last year [3] Analyst Estimates - Recent changes to analyst estimates are crucial for understanding near-term business trends, with positive revisions indicating a favorable business outlook [4] - The Zacks Rank system, which reflects these estimate changes, provides actionable insights for investors [5] Valuation Metrics - Southern Copper has a Forward P/E ratio of 20.68, which is higher than the industry average of 19.3, suggesting it is trading at a premium [7] - The company has a PEG ratio of 1.44, compared to the Mining - Non Ferrous industry's average PEG ratio of 0.92 [8] Industry Ranking - The Mining - Non Ferrous industry is part of the Basic Materials sector, which has a Zacks Industry Rank of 135, placing it in the bottom 47% of over 250 industries [8][9]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-14066 SOUTHERN COPPER CORPORATION (Exact name of registrant as specified in its charter) Delaware 13-3849074 (State o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): October 22, 2024 (October 17, 2024) SOUTHERN COPPER CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-14066 13-3849074 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification Number) 7310 N. 16 th Street, Suite 135, Phoeni ...

Southern Copper (SCCO) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.68%. A quarter ago, it was expected that this miner would post earnings of $1.13 per share when it actually produced earnings of $1.22, delivering a surprise of 7.96%.Over the last four quarters, the company has ...

Southern Copper (SCCO) closed at $113.14 in the latest trading session, marking a +1.46% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.47%. Meanwhile, the Dow experienced a rise of 0.79%, and the technology-dominated Nasdaq saw an increase of 0.28%. Shares of the miner witnessed a gain of 12.43% over the previous month, beating the performance of the Basic Materials sector with its gain of 6.97% and the S&P 500's gain of 3.48%. The investment community will ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Southern Copper (SCCO) . This company, which is in the Zacks Mining - Non Ferrous industry, shows potential for another earnings beat. This miner has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 15.02%. For the most rec ...

Southern Copper (SCCO) ended the recent trading session at $118.87, demonstrating a -1.3% swing from the preceding day's closing price. This change lagged the S&P 500's 0.13% loss on the day. Elsewhere, the Dow saw an upswing of 0.33%, while the tech-heavy Nasdaq depreciated by 0.39%. The the stock of miner has risen by 18.73% in the past month, leading the Basic Materials sector's gain of 5.81% and the S&P 500's gain of 2.43%. The upcoming earnings release of Southern Copper will be of great interest to in ...