Southern Copper (SCCO) Exceeds Market Returns: Some Facts to Consider

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]