Southern Copper Q4 2024 Earnings Report

Southern Copper EPS Results

• Actual EPS: $1.00
• Consensus EPS: $1.01
• Beat/Miss: Missed by -$0.01
• One Year Ago EPS: N/A

Southern Copper Revenue Results

• Actual Revenue: $2.30 billion
• Expected Revenue: $2.87 billion
• Beat/Miss: Missed by -$569.95 million
• YoY Revenue Growth: N/A

Southern Copper Announcement Details

• Quarter: Q4 2024
• Date: 2/12/2025
• Time: Before Market Opens
• Conference Call Date: Wednesday, February 12, 2025
• Conference Call Time: 7:00AM ET

Southern Copper (NYSE:SCCO) (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.

Southern Copper’s operations are concentrated in Peru and Mexico, where it owns and operates multiple large-scale mining and processing facilities. The company supplies copper and byproducts to industrial customers around the world, serving markets in the Americas, Asia and Europe. Its geographic footprint and integrated model position the company to respond to global copper demand driven by infrastructure, construction and electrification trends.

Southern Copper is majority-owned by Grupo México and is part of a larger mining group with extensive experience in base metals. Over time the company has pursued expansions and capital projects to increase production and improve processing efficiency, while also engaging in exploration and development activities to support its long-term asset base. Its scale and integration distinguish it among publicly listed copper producers.

In addition to raw metal production, Southern Copper’s business includes mine development, concentrate blending and metallurgical operations necessary to deliver market-ready metals. The company reports on operational performance and project progress as part of its regular disclosures and participates in industry efforts around environmental management and community engagement, reflecting the typical responsibilities of major mining operators. Investors and market participants generally follow Southern Copper for exposure to copper and associated base-metal markets.