10:56 AM EDT, 04/25/2024 (MT Newswires) -- Southern Copper ( SCCO ) shares were up 1.7% in recent Thursday trading after the company posted better-than-expected Q1 results.

The company reported Q1 net income of $0.95 per diluted share, down from $1.05 per share a year earlier.

Four analysts polled by Capital IQ expected $0.75.

Sales for the quarter ended March 31 fell to $2.6 billion from $2.79 billion a year earlier. Analysts surveyed by Capital IQ expected $2.49 billion.

Price: 111.04, Change: +1.81, Percent Change: +1.66