PHOENIX (AP) _ Southern Copper Corp. (SCCO) on Monday reported second-quarter profit of $932.7 million.
The Phoenix-based company said it had profit of $1.21 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.
The miner posted revenue of $2.9 billion in the period.
Southern Copper shares have decreased slightly since the beginning of the year. In the final minutes of trading on Monday, shares hit $64.99, an increase of 41% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCCO at https://www.zacks.com/ap/SCCO
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