Published on 19 Apr 2024 on Zacks via Yahoo Finance
Southern Copper Corporation SCCO is likely to register a year-over-year decline in earnings in its first-quarter 2024 results next week. While improved production levels are likely to have contributed to gains, the impacts of lower metal prices and increased costs are expected to have exerted downward pressure on the company's performance.
Q4 Results
In the last reported quarter, the company's earnings and sales declined year over year. The top and bottom lines missed the Zacks Consensus Estimate.