Southern Copper (SCCO) Q2 EPS Beats 9%
Southern Copper (NYSE:SCCO), one of the world's largest integrated copper producers, reported its latest quarterly results on July 29, 2025, covering the second quarter of calendar year 2025. The most notable headline from the release was the company's ability to surpass both GAAP earnings per share and revenue expectations, despite a 3.0% drop in copper sales volumes and a year-over-year decline in GAAP revenue. Southern Copper delivered $1.22 in GAAP earnings per share against an analyst estimate of $1.12 and reported $3,051.0 million in GAAP revenue, also modestly outpacing expectations. Profitability improved due to strong cost control and by-product revenue, even as copper production in Mexico declined. Overall, the quarter showed robust cost management and disciplined capital allocation amid ongoing external challenges.
Source: Analyst estimates for the quarter provided by FactSet.
Southern Copper specializes in mining, smelting, and refining copper and various by-products such as zinc, molybdenum, and silver. Its main assets are located in Peru and Mexico, two regions with vast ore deposits. The company's mines—like Toquepala and Cuajone in Peru, and Buenavista and La Caridad in Mexico—anchor its global position in copper production.
Source Fool.com
