Southern Copper Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter

Southern Copper SCCO announces its next round of earnings this Monday, July 25, 2011.

Here's Benzinga's advanced look at Southern Copper's second quarter earnings report.

Stock Performance:

Shares of Southern Copper were trading at $36.49 as of July 19, 2011. Since January 1st, shares of Southern Copper have declined 23%.

Average Stock Rating:

The average rating by analysts for Southern Copper is a Hold. The strength of this rating has stayed consistent over the past three months.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Southern Copper's peers.

• Freeport-McMoran Copper & Gold (FCX): Moderate Buy with a $1.57 recent quarter EPS
• Teck Resources (TCK): Moderate Buy with a $0.79 recent quarter EPS

Southern Copper is in the mining (non ferr) industry, which has experienced price/earnings growth of 0.5%.

Finally, a description of the company's main areas of operation: Southern Copper Corp. is an integrated producer of copper in the world. It produces copper, molybdenum, zinc and silver. In the process of producing copper, a number of valuable metallurgical by-products are recovered, such as molybdenum, zinc, silver.

Take Action:

Now that you have reviewed all the numbers, be ready to move if the upcoming Southern Copper earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.

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