earnings
confidence high
sentiment positive
materiality 0.85
Southern Copper Q2 net income $932.7M (+259%); EPS $1.21; dividend raised to $0.90
SOUTHERN COPPER CORP/
2022-Q2 EPS reported
$2.19
revenue$5,429,500,000
- Net sales $2,897M (+62.3% YoY); net income margin 32.2% vs 14.5% in 2Q20.
- Adjusted EBITDA $1,862.4M (+141.9%); margin 64.3%.
- Copper production 237,110 tons (-6.3% QoQ); full-year 2021 guidance 960,000 tons.
- Operating cash cost per pound $0.59, improved 11.5% YoY.
- Board declared $0.90/share dividend payable Aug 26, 2021; record Aug 12.