Southern Copper's Earnings Estimate Revisions and Market Performance

Southern Copper Corporation (SCCO) has been on Zacks.com's list of most searched stocks. The company's stock has returned -4.9% over the past month, compared to the Zacks S&P 500 composite's +1.2% change. Earnings estimates for the current quarter and fiscal year have been revised, with the consensus estimate for the current quarter at $1.02 per share, indicating a change of -11.3% from the year-ago quarter. The Zacks Rank for Southern Copper is #3 (Hold).

Southern Copper Corporation (SCCO), a leading miner of copper and other minerals, has recently gained attention on Zacks.com's list of most searched stocks. Over the past month, the company's stock has returned -4.9%, while the Zacks S&P 500 composite has seen a +1.2% change. This performance has raised questions about the stock's future direction.

The Zacks Rank for Southern Copper is currently #3 (Hold), indicating that the stock may perform in line with the broader market in the near term. The Zacks Rank takes into account earnings estimate revisions and other factors to provide a more conclusive indicator of a stock's near-term price performance.

Earnings estimates for Southern Copper have been revised, with the consensus estimate for the current quarter at $1.02 per share, indicating a change of -11.3% from the year-ago quarter. The Zacks Consensus Estimate has changed +2.5% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $4.75 points to a change of +9.7% from the prior year. Over the last 30 days, this estimate has changed +2.2%. For the next fiscal year, the consensus earnings estimate of $4.67 indicates a change of -1.8% from what Southern Copper is expected to report a year ago. Over the past month, the estimate has changed +0.2%.

While earnings growth is crucial, revenue growth is equally important for a company's financial health. Southern Copper's consensus sales estimate of $3.03 billion for the current quarter points to a year-over-year change of +3.4%. The $12.25 billion and $11.7 billion estimates for the current and next fiscal years indicate changes of +7.2% and -4.5%, respectively.

Southern Copper has an impressive externally audited track record, with its Zacks Rank #3 indicating a Hold rating. The company is also cash rich, with cash flow growth of 13.4% and expected expansion of 29.6% in 2025. The company's Growth Style Score of A and VGM Score of A further highlight its strong growth fundamentals.

Analysts have varied opinions on Southern Copper, with a consensus rating of "Hold" and a price target of $91.00. Empower Advisory Group LLC, a significant institutional investor, recently increased its stake in Southern Copper by 17.0%, owning a total of 904,224 shares valued at approximately $84.5 million.

In conclusion, Southern Copper's recent stock performance and earnings revisions have sparked interest among investors. The company's strong growth fundamentals and impressive track record make it a stock worth watching. However, the Zacks Rank #3 suggests that the stock may perform in line with the broader market in the near term.

References:

[1] https://finance.yahoo.com/news/southern-copper-corporation-scco-attracting-130002470.html
[2] https://finance.yahoo.com/news/why-southern-copper-scco-top-134503606.html
[3] https://www.marketbeat.com/instant-alerts/filing-empower-advisory-group-llc-buys-131156-shares-of-southern-copper-corporation-nysescco-2025-08-05/