Southern Copper (SCCO) Expected to Announce Quarterly Earnings on Friday

23 Apr 2026, 01:36 by Amy Steele · The Cerbat Gem

Southern Copper (NYSE:SCCO – Get Free Report) is expected to be issuing its Q1 2026 results after the market closes on Friday, April 24th. Analysts expect the company to announce earnings of $1.88 per share and revenue of $3.9554 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Friday, May 1, 2026 at 10:00 AM ET.

Southern Copper (NYSE:SCCO – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The basic materials company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.54 by $0.01. The business had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.73 billion. Southern Copper had a return on equity of 41.97% and a net margin of 32.30%.During the same quarter last year, the company earned $0.98 earnings per share. On average, analysts expect Southern Copper to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Southern Copper Stock Up 2.4%

SCCO opened at $187.97 on Thursday. The company has a quick ratio of 3.40, a current ratio of 3.89 and a debt-to-equity ratio of 0.61. The firm has a market cap of $153.96 billion, a P/E ratio of 35.33, a PEG ratio of 1.85 and a beta of 1.16. Southern Copper has a 52 week low of $86.59 and a 52 week high of $223.88. The business’s fifty day simple moving average is $186.46 and its 200 day simple moving average is $162.70.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Wells Fargo & Company set a $186.00 price objective on Southern Copper and gave the company an “equal weight” rating in a research note on Wednesday, April 15th. The Goldman Sachs Group raised Southern Copper from a “sell” rating to a “neutral” rating and set a $178.00 price objective on the stock in a research note on Friday, April 10th. Morgan Stanley increased their price objective on Southern Copper from $155.00 to $160.00 and gave the company an “underweight” rating in a research note on Thursday, April 9th. Scotiabank reissued an “underperform” rating on shares of Southern Copper in a research note on Tuesday, January 27th. Finally, UBS Group decreased their price target on Southern Copper from $150.00 to $140.00 and set a “sell” rating on the stock in a research note on Friday, March 27th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and seven have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $144.79.

Check Out Our Latest Analysis on SCCO

Insider Transactions at Southern Copper

In other news, Director Lerdo De Tejada Leon Contreras sold 9,326 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $209.56, for a total value of $1,954,344.91. Following the transaction, the director directly owned 605 shares in the company, valued at $126,783.04. This trade represents a 93.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Bonilla Luis Miguel Palomino sold 193 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $174.60, for a total value of $33,697.80. Following the completion of the transaction, the director owned 1,707 shares in the company, valued at approximately $298,042.20. This trade represents a 10.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 9,526 shares of company stock worth $1,989,373. Company insiders own 0.07% of the company’s stock.

Hedge Funds Weigh In On Southern Copper

A number of large investors have recently modified their holdings of SCCO. Virtus Advisers LLC purchased a new position in shares of Southern Copper in the 4th quarter worth about $29,000. Ameriflex Group Inc. raised its holdings in shares of Southern Copper by 239.7% in the 4th quarter. Ameriflex Group Inc. now owns 265 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 187 shares during the period. Rakuten Securities Inc. purchased a new position in shares of Southern Copper in the 2nd quarter worth about $45,000. Caitlin John LLC raised its holdings in shares of Southern Copper by 54.9% in the 4th quarter. Caitlin John LLC now owns 378 shares of the basic materials company’s stock worth $54,000 after purchasing an additional 134 shares during the period. Finally, Greenline Wealth Management LLC purchased a new position in shares of Southern Copper in the 4th quarter worth about $73,000. 7.94% of the stock is currently owned by hedge funds and other institutional investors.

About Southern Copper

(Get Free Report)

Southern Copper Corporation (NYSE: SCCO) is a large, integrated copper producer whose operations span the full value chain from exploration and mining to smelting, refining and the sale of copper and other metal products. The company produces a range of copper products including copper concentrate and refined cathodes, and recovers valuable byproducts such as molybdenum, silver and zinc. Southern Copper concentrates on high-volume, long-life assets designed to support steady production and processing capabilities.