Southern Copper Q1 net income $736M ($0.95 EPS); revenue $2.6B; stock dividend

SOUTHERN COPPER CORP/

2024-Q1 EPS reported $0.95 revenue$2,599,800,000

Net income $736M (EPS $0.95) down 9.5% YoY but up 65.4% QoQ; revenue $2,599.8M down 6.9% YoY.
Adjusted EBITDA $1,417.7M (54.5% margin) up 34.3% QoQ but down 9.6% YoY.
Copper production 240,270 tonnes mined (+7.6% YoY); operating cash cost $1.07/lb, down 14.2% QoQ.
Board declared a quarterly stock dividend of 0.0104 shares per share (cash for fractional shares at $115.13).
Buenavista Zinc concentrator began operations in Q1; expected to produce 54,500t zinc in 2024.

item 2.02

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SOUTHERN COPPER CORP/ reported the first quarter ended on March 31, 2024 results: revenue $2,599.8 million, net income $736.0 million.

Period: the first quarter ended on March 31, 2024
Revenue: $2,599.8 million
Net income: $736.0 million
Result: reported results

Exact text from the filing

+(602) 264-1375 southerncopper@southernperu.com.pe www.southerncoppercorp.com ● April 25, 2024 Southern Copper Corporation (NYSE and BVL: SCCO) ● 1Q24 net sales were $2,599.8 million, which represented growth of 13.3% with regard to 4Q23’s figure. Expansion was primarily fueled by an increase in the sales volumes of copper (+9.6%) and silver (+15.3%) and by

View on SEC.gov

1436 earnings releases filed in the last 30 days. Browse all earnings releases →

SOUTHERN COPPER CORP/ filing history →

Source: SEC EDGAR

accession 0001558370-24-005824

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.