Southern Copper stock reports strong Q2 growth before October results

Published on 10/06/2026 at 14:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Southern Copper stock posted Q2 2026 EPS of USD 1.99 and revenue of USD 4.29 billion, with revenue up 40.6 percent year over year. Q3 results are scheduled for October 22, 2026.

SCCO, US84265V1052, Illustration mit AI erstellt.

Southern Copper stock (ISIN US84265V1052) was last at USD 205.29 on the NYSE on October 5, 2026, after a daily decline of 0.12 percent. The company enters its next reporting date with Q2 2026 revenue of USD 4.29 billion and adjusted EBITDA of USD 2.956 billion, both supported by higher metal prices.

Q2 revenue rose 40.6 percent

MarketBeat reported on September 15, 2026, that Southern Copper delivered quarterly EPS of USD 1.99, USD 0.06 above the USD 1.93 consensus estimate. Revenue reached USD 4.29 billion in Q2 2026, up 40.6 percent from the same quarter a year earlier, although it was below the USD 4.37 billion forecast.

The earnings mix was even stronger below revenue. According to the Yahoo Finance transcript of the July 22, 2026, earnings call, adjusted EBITDA rose 60 percent from USD 1.791 billion in Q2 2025 to USD 2.956 billion in Q2 2026. The adjusted EBITDA margin increased from 59 percent to 67 percent.

Production adds a counterweight

The same July 22, 2026, transcript said copper production fell 3.5 percent year over year to 230,662 tons in Q2 2026. The decline came despite higher prices, making operating execution and ore grades important factors for the next earnings update.

Southern Copper's six-month operating cash flow reached USD 3.682 billion in 2026, up 117 percent from USD 1.698 billion in the first six months of 2025, according to Yahoo Finance. That cash generation gives the company room to fund its project pipeline while production remains uneven across regions.

Analyst targets sit below the stock

MarketBeat said on September 15, 2026, that 15 analysts had a Reduce consensus, including seven Sell, five Hold and three Buy ratings. Their average 12-month target was USD 146.84, which is 28.5 percent below the October 5 price of USD 205.29.

The contrast is clear: Q2 revenue and profitability accelerated, but the consensus target remains below the market quote. Southern Copper's next earnings announcement is listed for October 22, 2026, in the Yahoo Finance earnings calendar.

Southern Copper stock stays below its yearly high

On October 5, 2026, Southern Copper stock traded at USD 205.29 on the NYSE, with a session range of USD 203.52 to USD 207.63. Its 52-week range was USD 115.74 to USD 220.78, while market capitalization stood at USD 173.3 billion.