Southern Copper (SCCO) Rises As Market Takes a Dip: Key Facts

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]