Southern Copper (NYSE: SCCO ) is expected to report Q4 earnings around Jan. 30. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Southern Copper's revenues will compress -1.4% and EPS will shrink -1.6%.
The average estimate for revenue is $1.65 billion. On the bottom line, the average EPS estimate is $0.62.
Last quarter, Southern Copper reported revenue of $1.55 billion. GAAP reported sales were 11% lower than the prior-year quarter's $1.75 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.63. GAAP EPS of $0.26 for Q3 were 67% lower than the prior-year quarter's $0.78 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 56.8%, 440 basis points worse than the prior-year quarter. Operating margin was 49.2%, 590 basis points worse than the prior-year quarter. Net margin was 14.0%, 2,400 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $6.74 billion. The average EPS estimate is $2.57.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 4,160 members out of 4,322 rating the stock outperform, and 162 members rating it underperform. Among 1,015 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 987 give Southern Copper a green thumbs-up, and 28 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Southern Copper is hold, with an average price target of $36.21.
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