Southern Copper Corporation (NYSE: SCCO) is a major mining company that primarily produces copper, with its operations centered in Peru and Mexico. The company is scheduled to release its quarterly earnings report on April 24, 2026, after the market closes, giving investors a look at its recent performance.
For the upcoming report, Wall Street analysts forecast an earnings per share (EPS) of $1.88. EPS is a measure of a company's profit allocated to each outstanding share of stock. This earnings figure is based on estimated revenues of approximately $3.96 billion for the quarter.
As highlighted by Zacks Investment Research, some analysts expect a significant 48.7% year-over-year growth in earnings. However, Southern Copper Corporation faces challenges from declining production volumes. This is attributed to weaker ore grades, meaning less valuable metal is being extracted from the mined rock.
Stronger prices for copper and silver are expected to help balance the impact of lower production. While the consensus earnings estimate has been revised downward by 6% recently, Southern Copper Corporation has a history of beating earnings estimates in the last four consecutive quarters, suggesting a pattern of outperformance.
The company maintains solid financial health with a debt-to-equity ratio of 0.67, showing it uses less debt than its own funds to finance assets. Furthermore, its current ratio of 3.89 indicates a strong capacity to cover its short-term liabilities with its short-term assets.
