How did SCCO's Q4 2024 earnings surprise impact investor sentiment?
4/5/2025 06:31pm
Southern Copper's (SCCO) Q4 2024 earnings surprise had a significant negative impact on investor sentiment, as evidenced by the substantial decline in the stock price. The company reported an earnings per share (EPS) surprise of -$0.05, which contributed to a overall percentage change of -20.73% in the stock price from October 1, 2024, to December 31, 2024. This indicates that investors reacted strongly to the negative earnings surprise, leading to a significant downturn in sentiment.