The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Southern Copper's revenues will shrink -8.5% and EPS will compress -15.1%.
The average estimate for revenue is $1.65 billion. On the bottom line, the average EPS estimate is $0.62.
Last quarter, Southern Copper logged revenue of $1.65 billion. GAAP reported sales were 1.1% lower than the prior-year quarter's $1.67 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.63. GAAP EPS of $0.63 for Q4 were 1.6% lower than the prior-year quarter's $0.64 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 57.1%, 380 basis points worse than the prior-year quarter. Operating margin was 49.2%, 480 basis points worse than the prior-year quarter. Net margin was 32.2%, about the same as the prior-year quarter.
The full year's average estimate for revenue is $6.89 billion. The average EPS estimate is $2.62.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 4,148 members out of 4,314 rating the stock outperform, and 166 members rating it underperform. Among 1,008 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 976 give Southern Copper a green thumbs-up, and 32 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 $38.08.
Worried about inflation? Interested in gold? Find out the best way to profit in both scenarios a little-known company we profile in, "The Tiny Gold Stock Digging Up Massive Profits." Click here for instant access to this free report.
- Add Southern Copper to My Watchlist.