NYSE$SCCO
Southern Copper Corp · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Southern Copper's financial performance decreased due to lower metal prices and higher operating costs.
Southern Copper reported a decrease in net sales and net income for Q1 2020 compared to Q1 2019, primarily due to lower metal prices and increased operating costs. However, copper sales volume increased due to additional production from the new Toquepala concentrator. The company continues to manage the COVID-19 pandemic and advance its investment projects.
- Net sales decreased by 1.9% to $1,719.7 million due to lower metal prices, despite increased sales volumes.
- Net income decreased by 44.7% to $214.8 million due to lower sales and higher operating costs.
- Copper production increased by 5.8% due to higher production at Peruvian mines.
- The company is implementing rigorous COVID-19 safety protocols and supporting communities with donations and medical supplies.
Headline financials
Revenue & EPS history
Southern Copper · Revenue · Quarterly
$1.72B
Revenue by segment
Southern Copper · $4.68M total across 4 segments · Q3 2023
- Silver Sales Volume (000sounces)$4.42M—94.5%
- Copper Sales Volume (tons)$225K—4.8%
- Zinc Sales Volume (tons)$24.9K—0.5%
- Molybdenum Sales Volume (tons)$6.94K—0.1%
Forward guidance
Southern Copper is progressing with several projects in Peru and Mexico.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.6%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+1.8%
Avg return
30 days after
51%
37 / 73 earnings
Positive
+7.1%
Q2 2015
Best reaction
-6.5%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.9% | +1.5% | +14.9% | |
| Q4 2025 | -4.5% | -1.0% | +12.9% | |
| Q3 2025 | +4.1% | +4.4% | +0.8% | |
| Q2 2025 | -2.7% | +1.0% | +3.1% | |
| Q1 2025 | +0.1% | -1.8% | +2.1% | |
| Q4 2024 | +0.2% | +3.4% | +2.0% | |
| Q3 2024 | +1.5% | +2.2% | -8.2% | |
| Q2 2024 | +1.2% | -2.9% | +0.9% | |
| Q1 2024 | +7.1% | +6.8% | +7.6% | |
| Q4 2023 | -4.9% | -2.1% | -3.7% | |
| Q3 2023 | -0.9% | +1.9% | +7.2% | |
| Q2 2023 | +1.4% | +1.0% | -7.4% | |
| Q1 2023 | -0.1% | +1.8% | -11.0% | |
| Q4 2022 | -3.4% | -4.6% | +0.3% | |
| Q3 2022 | -4.2% | +1.7% | +19.5% | |
| Q2 2022 | -1.8% | +1.2% | +2.9% | |
| Q1 2022 | +0.8% | -1.4% | -0.4% | |
| Q4 2021 | +0.2% | -1.1% | +17.7% | |
| Q3 2021 | -6.5% | -8.5% | -9.6% | |
| Q2 2021 | +0.7% | +1.5% | -5.4% | |
| Q1 2021 | +0.2% | -4.8% | -5.1% | |
| Q4 2020 | -1.8% | -6.5% | +10.5% | |
| Q3 2020 | +0.0% | +0.8% | +15.5% | |
| Q2 2020 | -3.9% | -5.1% | +0.5% | |
| Q1 2020 | +5.5% | +12.2% | +13.9% | |
| Q4 2019 | -3.0% | -6.9% | -21.4% | |
| Q3 2019 | -0.3% | +1.8% | +5.0% | |
| Q2 2019 | +0.1% | -0.7% | -19.8% | |
| Q1 2019 | -1.3% | -3.0% | -12.3% | |
| Q4 2018 | -1.8% | +4.3% | +19.0% | |
| Q3 2018 | -0.6% | -3.5% | -13.6% | |
| Q2 2018 | +6.9% | +7.8% | -2.6% | |
| Q1 2018 | +2.4% | -1.3% | -4.8% | |
| Q4 2017 | +3.1% | +12.2% | +20.0% | |
| Q3 2017 | +0.3% | +0.8% | -0.8% | |
| Q2 2017 | -0.1% | -0.0% | +3.5% | |
| Q1 2017 | -0.6% | -0.1% | +1.9% | |
| Q4 2016 | -0.4% | -1.7% | -3.5% | |
| Q3 2016 | +0.8% | -4.8% | +19.3% | |
| Q2 2016 | -1.7% | -2.2% | -1.2% | |
| Q1 2016 | -0.1% | — | — | |
| Q4 2015 | -2.9% | — | — | |
| Q3 2015 | +1.5% | — | — | |
| Q2 2015 | +7.1% | — | — | |
| Q1 2015 | +4.0% | — | — | |
| Q4 2014 | +2.9% | — | — | |
| Q3 2014 | -0.7% | — | — | |
| Q2 2014 | -1.2% | — | — | |
| Q1 2014 | +1.6% | — | — | |
| Q4 2013 | +5.9% | — | — | |
| Q3 2013 | -0.2% | — | — | |
| Q2 2013 | +4.3% | — | — | |
| Q1 2013 | -2.0% | — | — | |
| Q4 2012 | -1.5% | — | — | |
| Q3 2012 | +2.9% | — | — | |
| Q2 2012 | +3.7% | — | — | |
| Q1 2012 | +0.2% | — | — | |
| Q4 2011 | -0.7% | — | — | |
| Q3 2011 | -3.2% | — | — | |
| Q2 2011 | -1.3% | — | — | |
| Q1 2011 | -1.0% | — | — | |
| Q4 2010 | -1.0% | — | — | |
| Q3 2010 | +3.0% | — | — | |
| Q2 2010 | -2.1% | — | — | |
| Q1 2010 | +3.5% | — | — | |
| Q4 2009 | +4.3% | — | — | |
| Q3 2008 | -2.9% | — | — | |
| Q3 2009 | -2.9% | — | — | |
| Q4 2008 | +5.3% | — | — | |
| Q4 2007 | +5.3% | — | — | |
| Q2 2008 | +5.3% | — | — | |
| Q1 2009 | +5.3% | — | — | |
| Q2 2009 | +5.3% | — | — |
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