Core Viewpoint - Southern Copper (SCCO) has been experiencing significant stock performance fluctuations, with recent returns of -11.4% over the past month, underperforming both the Zacks S&P 500 composite and the Zacks Mining - Non Ferrous industry [2] Earnings Estimate Revisions - Southern Copper is expected to report earnings of $1.13 per share for the current quarter, reflecting a year-over-year increase of +20.2%. The consensus estimate for the current fiscal year is $4.60, indicating a +6.2% change year-over-year, with a slight adjustment of -2.9% over the last 30 days [5] - For the next fiscal year, the earnings estimate is $4.70, which represents a +2.2% change from the previous year, with a recent increase of +3% [6] - The Zacks Rank for Southern Copper is 3 (Hold), indicating a neutral outlook based on recent earnings estimate changes and other related factors [7] Projected Revenue Growth - The consensus sales estimate for the current quarter is $2.79 billion, showing a year-over-year growth of +7.5%. For the current fiscal year, the revenue estimate is $11.85 billion (+3.6%), while the next fiscal year's estimate is $11.48 billion (-3.1%) [10] Last Reported Results and Surprise History - In the last reported quarter, Southern Copper achieved revenues of $2.78 billion, a +21.3% increase year-over-year, with an EPS of $1.01 compared to $0.57 a year ago. The revenue surprise was +0.16%, while the EPS surprise was -0.98% [11] - Over the last four quarters, Southern Copper has surpassed consensus EPS estimates three times and has also exceeded consensus revenue estimates three times [12] Valuation - Southern Copper's valuation metrics, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), are essential for assessing whether the stock is fairly valued. The Zacks Value Style Score for Southern Copper is graded C, indicating it is trading at par with its peers [13][14][16] Conclusion - The analysis suggests that Southern Copper may perform in line with the broader market in the near term, as indicated by its Zacks Rank 3 [17]

Company Overview - Southern Copper Corporation (SCCO) is engaged in mining, exploring, smelting, and refining copper and other minerals, with exploration activities in Argentina, Chile, Ecuador, Mexico, and Peru [12]. Zacks Rank and Style Scores - SCCO currently holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating a moderate investment potential [12]. - The company has a Momentum Style Score of A, with shares increasing by 7% over the past four weeks, suggesting strong short-term performance [12][13]. Earnings Estimates - Two analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.08 to $4.63 per share [13]. - SCCO has an average earnings surprise of 7.9%, indicating a history of exceeding earnings expectations [13].

Southern Copper (SCCO) closed the most recent trading day at $96.84, moving -0.88% from the previous trading session. This change lagged the S&P 500's 0.33% loss on the day. At the same time, the Dow lost 0.37%, and the tech-heavy Nasdaq lost 0.53%.Heading into today, shares of the miner had gained 4.77% over the past month, outpacing the Basic Materials sector's gain of 0.7% and the S&P 500's loss of 4.03% in that time.Investors will be eagerly watching for the performance of Southern Copper in its upcomin ...

Core Insights - Southern Copper (SCCO) stock closed at $100.41, reflecting a +1.2% increase, outperforming the S&P 500's gain of 0.08% [1] - Over the past month, SCCO shares increased by 1.43%, while the Basic Materials sector and S&P 500 saw declines of 1.45% and 7.33%, respectively [1] Earnings Performance - Southern Copper is expected to report earnings of $1.05 per share, indicating a year-over-year growth of 11.7% [2] - Revenue is projected at $2.79 billion, representing a 7.48% increase from the same quarter last year [2] - For the fiscal year, earnings are estimated at $4.65 per share and revenue at $11.7 billion, reflecting changes of +7.39% and +2.31% from the prior year [3] Analyst Estimates - Changes in analyst estimates for Southern Copper are crucial as they reflect short-term business trends [4] - Positive revisions in estimates indicate analyst optimism regarding the company's business and profitability [4] Zacks Rank and Stock Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), shows Southern Copper currently holds a rank of 3 (Hold) [6] - The consensus EPS projection has increased by 1.79% in the past 30 days [6] Valuation Metrics - Southern Copper has a Forward P/E ratio of 21.32, which is higher than the industry average of 18.96 [7] - The company has a PEG ratio of 1.93, compared to the Mining - Non Ferrous industry's average PEG ratio of 0.89 [7] Industry Context - The Mining - Non Ferrous industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 202, placing it in the bottom 20% of over 250 industries [8] - Stronger industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [8]

It has been about a month since the last earnings report for Southern Copper (SCCO) . Shares have lost about 5.6% in that time frame, outperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Southern Copper due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Th ...

[Table_Main] 铜企五大要素变化趋势与股东回报 ——海外 16 家年报全扫描 事件描述 根据现有已披露年报的 16 家海外铜企（必和必拓、自由港、智利国家铜业、 南方铜业、嘉能可、英美资源、力拓、安托法加斯塔、俄镍、泰克资源、第一 量子、伦丁矿业、淡水河谷、顶石铜业、巴里克黄金、哈铜 KAZ等），我们 对其产量、资源量、储量、成本、战略规划等进行分析。 事件点评 2024 年海外样本企业并购/勘探在路上。根据 S&P，2024 年样本铜企合计资 源量同比+2%，合计储量同比+4%，实现的主要方式为并购或勘探。并购方 面，近 2 年，必和必拓和顶石铜业在并购市场上较为活跃。勘探方面，力拓 2024 年勘探投入同比+9%，其中铜的勘探占 36%，为最大勘探投入部分；安 托法加斯塔也在 2024 年通过棕地开发实现了增储。 2024 年海外头部铜企产量基本满足预期。2024 年矿产铜产量合计为 1204.3 万吨，同比+16.3 万吨，同比增速为 1.4%。从产量指引兑现度来看，2024 年 实际合计产量基本和 2024 年初的产量指引一致。 展望 2025 年样本铜企产量较为稳定，给予铜价基本面支撑。根 ...

Financial Performance - In 2024, net sales reached a record high of $11,433.4 million, reflecting a 15.5% increase compared to 2023, driven by higher prices for copper (+7.8%), silver (+20.7%), and zinc (+5.0%), along with increased sales volumes of copper (+5.5%), molybdenum (+7.9%), silver (+15.7%), and zinc (+44.6%) [660]. - Operating income for 2024 was $5,554.7 million, an increase of 32.5% compared to 2023, while net income attributable to the company was $3,376.8 million, up 39.2% from the previous year [659]. - The company reported a 10.5% increase in copper sales volumes, alongside a 33.4% increase in molybdenum sales volumes in 2024 compared to 2023 [675]. - Net income for 2024 was $3,388.6 million, representing 76.6% of the net operating cash flow [690]. - Operating costs and expenses rose to $5,878.7 million in 2024, an increase of $175.2 million from $5,703.5 million in 2023, primarily due to higher labor costs and repair materials [666]. Employee Development and Safety - In 2024, the company invested over $4.8 million in employee development, delivering more than 646,000 hours of formal instruction [41]. - The company’s retention rate is around 90%, with more than 48% of positions filled by internal employees [53]. - Southern Copper Corporation achieved a 28% reduction in employee accidents involving lost-time injuries in 2024 compared to 2023 [610]. - The company has implemented a Behavioral Safety Program to promote safe practices among employees, aiming to reduce accident rates [619]. Community and Environmental Initiatives - The company has made significant expenditures for community programs as part of its corporate social responsibility policy, promoting sustainable development in local areas [56]. - Renewable energy consumption increased from 23% to 36% in 2023, surpassing the 2027 target of 25% [635]. - The Fenicias wind park is expected to reduce CO2 emissions by approximately 250,000 tonnes per year, equivalent to 7% of the company's carbon footprint [634]. - The company is committed to improving biodiversity, receiving certification for efforts to prevent the extinction of the Mexican grey wolf [625]. Capital Investments and Projects - Capital investments in 2024 totaled $1,027.3 million, with $756.0 million allocated to Mexican operations and $271.3 million to Peruvian operations [690]. - The Tia Maria project in Arequipa, Peru, has a budget set at $1,802 million and is expected to generate $17.5 billion in exports and contribute $3.4 billion in taxes and royalties over the first 20 years of operation [598]. - The company plans to invest more than $600 million in 2025 for modernization and improvements in water usage and tailings management [592]. - The company has engaged in project development and environmental activities for the El Pilar project, which is expected to have a mine life of 13 years [595]. Market and Pricing Trends - The average per pound COMEX copper price over the last 5 years was $3.83, while the average LME copper price was $3.81 [37]. - The average copper price (LME) in 2024 was $4.15 per pound, a 7.8% increase from 2023, while the average molybdenum price decreased by 10.6% to $21.21 per pound [661]. - The average price per pound of zinc over the last 5 years was $1.29 [39]. Labor Relations - As of December 31, 2024, the company had 16,133 employees, with approximately 66% covered by collective labor agreements [40]. - In 2024, the company signed long-term extensions of collective bargaining agreements with five unions, lasting six years, and made a signing payment totaling approximately $62 million to over 2,000 workers [67]. - As of December 31, 2024, 56.9% of the 5,120 employees in Peru were unionized, with six separate unions representing them [64]. Financial Management and Debt - Total debt as of December 31, 2024, was $6,258.3 million, slightly up from $6,254.6 million in 2023, with a fixed interest rate of 5.82% [698]. - The company expects to meet cash requirements for 2025 and beyond from cash on hand and internally generated funds, with the ability to access additional external financing if needed [694]. - The company received orders for $3.5 billion during a recent marketing effort, indicating strong demand for its debt offerings [700].

Company Performance - Southern Copper (SCCO) closed at $88.93, down 1.72% from the previous trading session, underperforming the S&P 500 which gained 1.59% [1] - Over the past month, shares of Southern Copper have decreased by 2.33%, compared to a loss of 0.27% in the Basic Materials sector and a loss of 2.42% in the S&P 500 [1] Upcoming Financial Results - Southern Copper is expected to report an EPS of $1.26, reflecting a growth of 34.04% year-over-year [2] - Revenue is projected to be $2.68 billion, indicating a 3.22% increase compared to the same quarter last year [2] Full Year Projections - For the full year, earnings are estimated at $4.66 per share and revenue at $11.55 billion, representing increases of 7.62% and 1.03% respectively from the prior year [3] Analyst Estimates and Market Sentiment - Recent modifications to analyst estimates for Southern Copper suggest a changing business landscape, with positive revisions indicating optimism about the company's outlook [4] - The Zacks Rank system, which reflects these estimate changes, currently rates Southern Copper at 3 (Hold) [6] Valuation Metrics - Southern Copper has a Forward P/E ratio of 19.41, which is higher than the industry average of 15.66 [7] - The company holds a PEG ratio of 1.76, compared to the Mining - Non Ferrous industry's average PEG ratio of 0.79 [7] Industry Context - The Mining - Non Ferrous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 164, placing it in the bottom 35% of over 250 industries [8]

Core Insights - Zacks Premium provides various tools to enhance stock market investment confidence and knowledge [1] - The Zacks Style Scores offer a unique rating system for stocks based on value, growth, and momentum [3][4] Zacks Style Scores - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score [4][5][6][7] - Value Score identifies attractive stocks using ratios like P/E and Price/Sales [4] - Growth Score focuses on a company's financial health and future outlook [5] - Momentum Score helps investors capitalize on price trends [6] - VGM Score combines all three styles to find stocks with the best overall potential [7] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist in stock selection [8] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500 with an average annual return of +25.41% since 1988 [9] - A total of over 800 stocks are rated, making it essential to use Style Scores for optimal selection [10] Stock Example: Southern Copper Corporation (SCCO) - Southern Copper Corporation is engaged in mining and refining copper and other minerals across several countries [12] - SCCO holds a 3 (Hold) rating with a VGM Score of B and a Momentum Style Score of B [12] - Recent upward revisions in earnings estimates indicate a consensus estimate of $4.62 per share for fiscal 2025, with an average earnings surprise of 7.9% [13]

Core Insights - Southern Copper (SCCO) reported quarterly earnings of $1.01 per share, slightly missing the Zacks Consensus Estimate of $1.02 per share, but showing an increase from $0.57 per share a year ago, resulting in an earnings surprise of -0.98% [1] - The company posted revenues of $2.78 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.16% and increasing from $2.3 billion year-over-year [2] - Southern Copper has outperformed consensus EPS estimates three times over the last four quarters, indicating a generally positive trend in earnings performance [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.26 on revenues of $2.77 billion, while for the current fiscal year, the estimate is $4.63 on revenues of $11.61 billion [7] - The estimate revisions trend for Southern Copper is mixed, leading to a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Mining - Non Ferrous industry, to which Southern Copper belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, indicating potential challenges for stocks in this sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Southern Copper's stock performance [5]