HudBay faces earnings watch after weaker trading session
Shares fell as major US indexes rose, while analysts forecast higher earnings and revenue in the company’s forthcoming report.
Key takeaways
- HudBay fell 1.14% to $26.95 at the latest close.
- Analysts expect $0.35 in earnings per share and $784.2 million in revenue.
HudBay Minerals fell 1.14% to $26.95 at the latest close, while the S&P 500 gained 0.58%. The Dow rose 0.49% and the Nasdaq added 0.45%.
Analysts expect HudBay to report earnings of $0.35 per share and revenue of $784.2 million in its forthcoming earnings report, according to consensus estimates cited by Zacks. Those figures would represent year-over-year increases of 1,066.67% and 126.12%, respectively.
For the full year, Zacks consensus estimates call for earnings of $1.43 per share and revenue of $2.91 billion. The consensus earnings-per-share estimate has fallen 2.78% over the past month.
This article was produced with the help of AI technology. Source: Yahoo Finance
