Southern Copper (NYSE:SCCO) Full Year 2024 ResultsKey Financial Results

• Revenue: US$11.4b (up 16% from FY 2023).

• Net income: US$3.38b (up 39% from FY 2023).

• Profit margin: 30% (up from 25% in FY 2023). The increase in margin was driven by higher revenue.

• EPS: US$4.33 (up from US$3.05 in FY 2023).

NYSE:SCCO Earnings and Revenue Growth February 13th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Southern Copper Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 1.4%.

Looking ahead, revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Metals and Mining industry in the US.

Performance of the American Metals and Mining industry.

The company's shares are up 1.6% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Southern Copper that you need to take into consideration.

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