Southern Copper (SCCO) declined 3.25% on October 14, 2026, outpacing the S&P 500's 1.11% loss. Despite a 9.52% monthly gain, the stock faces headwinds in the Basic Materials sector. Upcoming earnings are projected to show strong growth with EPS of $2.07 (up 53.33% YoY) and revenue of $4.5 billion (up 33.33% YoY). The stock carries a Zacks Rank #3 (Hold) with a Forward P/E of 26.13, trading at a premium to its industry average.

Southern Copper (SCCO) is expected to report Q3 2026 revenues of $4.50 billion (up 33.3% YoY) and EPS of $2.07 (up 53.3% YoY), driven by higher metal prices offsetting lower production volumes. However, the company faces headwinds from a 3.5% decline in copper production, lower ore grades in Peru, and elevated operating costs. The Zacks model does not predict an earnings beat due to a negative Earnings ESP of -4.35%, despite the company's strong historical track record of beating estimates.

Southern Copper (SCCO) is highlighted as a potential growth investment opportunity with a #3 (Hold) Zacks Rank and a Grade A Growth Style Score, forecasting 51.5% year-over-year earnings growth. Two analysts recently raised their earnings estimates, with the consensus estimate increasing to $7.94 per share, suggesting upside potential for growth-focused investors despite the neutral hold rating.

Southern Copper (SCCO) closed at $200.57, down 1.81%, underperforming the S&P 500. The stock has declined 2.06% over the past month while the Basic Materials sector fell 6.74%. Analysts expect strong earnings growth with projected EPS of $2 (up 48.15% YoY) and revenue of $4.36 billion (up 29.08% YoY). However, SCCO trades at a Forward P/E of 26 with a PEG ratio of 1.82, both above industry averages, earning a Zacks Rank of #3 (Hold).

Southern Copper (SCCO) closed down 1.69% and is rated a Zacks Rank #3 (Hold). The company is expected to report strong earnings growth of 48.15% and revenue growth of 29.08% for the upcoming quarter, with full-year projections showing 50% earnings growth and 29.37% revenue growth. However, the stock trades at a premium valuation with a Forward P/E of 25.79 versus its industry average of 25.3, and a PEG ratio of 1.8 compared to the industry average of 0.93. The Mining - Non Ferrous industry ranks poorly at #179 out of 250+ industries.

Southern Copper (SCCO) has a strong track record of beating earnings estimates, with an average surprise of 5.25% over the past two quarters. The company currently has a positive Earnings ESP of +8.00% combined with a Zacks Rank #3 (Hold), suggesting a high probability of another earnings beat in its next quarterly report.

Southern Copper is advancing $10.2 billion in Mexican investments to support long-term growth, with the El Pilar project set for construction in 2027 and production beginning in 2029. The company targets 1.056 million tons of copper production in 2029 and 1.6 million tons by 2035, positioning itself as a fully integrated copper producer. Peers Teck Resources and Freeport-McMoRan are also advancing major expansion projects to capitalize on growing copper demand.

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Southern Copper (SCCO) delivered a 116.9% year-over-year surge in operating cash flow to $3.68 billion in H1 2026, driven by higher sales and reduced operating costs. Despite a 3.8% decline in copper production, the company raised its 2026 production outlook to 917,000 tons and maintains a strong long-term outlook with production expected to reach 1.6 million tons by 2033-2034. Rising copper prices near $6.6 per pound and ongoing cost controls position the company for further gains.

Southern Copper (SCCO) closed at $204.26, outperforming the S&P 500 with a +1.31% daily gain. The stock has gained 3.31% over the past month, trailing the Basic Materials sector's 12.62% gain. Analysts expect strong earnings growth with EPS projected at $1.81 (up 34.07% YoY) and revenue of $4.13 billion (up 22.39% YoY). However, SCCO carries a Zacks Rank #3 (Hold) with a Forward P/E of 26.5, trading at a premium to its industry average.

Southern Copper Corporation (SCCO) announced a $20.5 billion investment plan over the next decade, with $10.3 billion allocated to three major Peruvian projects: Tía María, Los Chancas, and Michiquillay. The company expects production to reach 1.6 million tons by 2033-2034. SCCO shares have surged 123.3% year-to-date, significantly outperforming the mining industry average of 82.4%.

Southern Copper's copper production fell 3.8% year-over-year in H1 2026 to 461,206 tons due to lower ore grades at Peruvian operations. Despite the decline, the company raised its 2026 guidance to 917,000 tons and maintains a strong long-term outlook targeting 1.6 million tons by 2033-2034 through major projects like Tía María, Los Chancas, and Michiquillay, supported by $20.5 billion in planned investments.