HudBay Minerals Outperforms Broader Market in Latest Trading Session

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

HudBay Minerals ended the recent trading session at $23.68, a 1.63% gain that exceeded the S&P 500's 1.18% rise. The stock has dropped 20.1% over the past month, underperforming the Basic Materials sector's 5.12% loss and the S&P 500's 2.9% decline. The company is expected to report earnings per share of $0.34, up 78.95% from the same quarter last year, on revenue of $684.1 million, a 27.54% increase. For the full year, consensus estimates call for earnings of $1.65 per share and revenue of $2.93 billion, representing growth of 146.27% and 32.36%, respectively. HudBay Minerals currently carries a Zacks Rank of 3, or Hold, and trades at a forward price-to-earnings ratio of 14.09, a discount to its industry's average of 15.98.

Impact on stocks 1

Critical Materials & Supply Chain · 1 stocks
Hudbay Minerals Inc.
HBM
± MixedCapitalrelevance

Article reports a 1.63% daily gain and upcoming earnings expectations, but no causal news event; stock's past month decline and Zacks Hold rating provide mixed signals.