Hudbay Minerals Q2 EPS $(0.07) Misses $0.06 Estimate, Sales $312.17M Miss $349.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hudbay Minerals (NYSE:HBM) reported Q2 losses of $(0.07) per share, missing the analyst consensus estimate of $0.06 by 216.67%. This is a 158.33% decrease from last year. The company also reported quarterly sales of $312.17 million, missing the analyst consensus estimate of $349.70 million by 10.73%. This is a 24.86% decrease from last year.
August 09, 2023 | 5:29 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Hudbay Minerals reported a significant decrease in Q2 earnings and sales, missing analyst estimates. This could negatively impact the company's stock price.
Hudbay Minerals reported a significant decrease in Q2 earnings and sales, missing analyst estimates. This underperformance is likely to negatively impact investor sentiment and could lead to a decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100