Southern Copper

Q3 FY2026 EarningsQ3 FY26 results significantly beat consensus expectations across key financial metrics: revenue reached $4,696.6M vs. $4,444.9M expected, while Diluted EPS (GAAP) of $2.15 outperformed the $2.01 mean estimate. The performance was primarily driven by a surge in realized metal prices (Copper +44.4% YoY) and a record-low net cash cost of $0.09/lb, which substantially offset slight declines in copper and zinc production volumes. Operating cash flow of $2,224.3M, however, missed the $2,944.7M consensus due to timing of inventory and tax payments, despite record net income.