Core Viewpoint - Wall Street analysts anticipate HudBay Minerals (HBM) will report quarterly earnings of $0.18 per share, reflecting a 10% year-over-year decline, with revenues expected to be $576.2 million, down 4.3% from the previous year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been revised downward by 4.5%, indicating a collective reassessment by analysts of their initial forecasts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts project 'Revenue from contracts- Copper' to reach $365.97 million, indicating a year-over-year increase of 1.2% [5]. - 'Revenue from contracts- Zinc' is expected to be $18.78 million, reflecting a 0.4% increase from the previous year [5]. - 'Revenue from contracts- Gold' is estimated at $179.98 million, showing a year-over-year decline of 2.1% [5]. - 'Revenue from contracts- Silver' is projected to be $21.21 million, indicating a significant year-over-year increase of 79.8% [6]. Production Estimates - 'Contained metal in concentrate and dore produced - Zinc' is expected to reach 7,604.43 tons, up from 5,747 tons reported in the same quarter last year [6]. - 'Contained metal in concentrate and dore produced - Copper' is forecasted at 43,152.43 tons, down from 45,450 tons in the previous year [7]. - 'Contained metal in concentrate and dore produced - Silver' is estimated at 1,037,537 ounces, compared to 1,197,082 ounces a year ago [7]. - 'Contained metal in concentrate and dore produced - Gold' is projected to be 79,992.27 ounces, down from 112,776 ounces in the same quarter last year [8]. - 'Contained metal in concentrate and dore produced - Molybdenum' is estimated at 361.72 tons, compared to 397 tons a year ago [8]. Sales Price Estimates - The estimated 'Realized Sales Prices - Copper' is $4.19 per pound, up from $3.77 per pound in the previous year [9]. - The average prediction for 'Realized Sales Prices - Gold' is $2,632.2 per ounce, compared to $2,062 per ounce reported in the same quarter last year [9]. Sales Volume Estimates - The consensus estimate for 'Payable metal in concentrate and dore sold - Gold' is 77,363.18 ounces, down from 104,840 ounces a year ago [10]. - HudBay Minerals shares have experienced a 5% change in the past month, compared to a 4.9% move in the Zacks S&P 500 composite [10].

Core Viewpoint - HudBay Minerals (HBM) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended December 2024, with the consensus outlook indicating a significant impact on the stock price based on actual results compared to estimates [1][2]. Earnings Expectations - The upcoming earnings report is expected to show quarterly earnings of $0.18 per share, reflecting a year-over-year decrease of 10% [3]. - Revenues are projected to be $576.2 million, which is a decline of 4.3% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 9% over the last 30 days, indicating a reassessment by analysts regarding the company's earnings prospects [4]. - The Most Accurate Estimate for HudBay Minerals is lower than the Zacks Consensus Estimate, leading to an Earnings ESP of -11.77%, suggesting a bearish outlook from analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with positive readings being more reliable [5][7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have historically shown a nearly 70% chance of delivering a positive surprise [8]. Historical Performance - In the last reported quarter, HudBay Minerals exceeded expectations by posting earnings of $0.13 per share against an expected $0.05, resulting in a surprise of +160% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Conclusion - While HudBay Minerals does not currently appear to be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [16].

Group 1 - The Stargate project is expected to significantly impact various industries, particularly in AI, big tech, semiconductors, and healthcare [1] - The company employs a research-driven approach to identify high-conviction stocks with strong growth potential across dynamic sectors [1] - Investment ideas are supported by thorough research and strategic foresight, aimed at helping investors navigate complex markets [1] Group 2 - The analysis includes both low-risk and selective high-risk investment opportunities that could outperform the market [1]

Group 1 - Hudbay Minerals Inc. will host a conference call on February 19, 2025, to discuss its fourth quarter and full year 2024 results, along with 2025 production and cost guidance [1][2] - A news release with the fourth quarter and full year 2024 results will be issued before the market opens on February 19, 2025, and will be available on the company's website [2] - An archived audio webcast of the conference call will be accessible on Hudbay's website after the call [2] Group 2 - Hudbay is a copper-focused critical minerals company with operations in Canada, Peru, and the United States, featuring a strong pipeline of copper growth projects [3][4] - The company's operating portfolio includes the Constancia mine in Peru, Snow Lake operations in Canada, and Copper Mountain mine in Canada, with copper as the primary metal produced [4] - Hudbay's growth pipeline consists of several projects, including the Copper World project in Arizona, Mason project in Nevada, and Llaguen project in Peru, along with expansion and exploration opportunities [4] Group 3 - Hudbay's purpose statement emphasizes its commitment to people, communities, and the planet, aiming to provide essential metals sustainably and create better futures [5] - The company's mission focuses on creating sustainable value and strong returns through community relations, exploration, mine development, and efficient operations [5]

Core Insights - Micron Technology's fiscal Q1-2025 earnings report highlights a significant increase in data center revenue while revealing an unexpected slowdown in its consumer-facing NAND business [1] Group 1: Financial Performance - The company experienced a dramatic surge in data center revenue, indicating strong growth in high-demand sectors such as AI [1] - The consumer-facing NAND business, however, showed an unexpected slowdown, contrasting with the positive performance in data centers [1] Group 2: Market Outlook - The outlook for data center revenue remains excellent, suggesting continued investment and growth potential in this area [1]

TORONTO, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. ("Hudbay" or the "Company") (TSX, (TSX, NYSE:HBM) is pleased to announce that it has surpassed a total of one million ounces of gold produced at its Lalor Mine in Snow Lake, Manitoba. This milestone reinforces the significant value Hudbay has unlocked by combining its exploration expertise, processing infrastructure and operating efficiency to maximize gold production at its Snow Lake operations. "We are so pleased with the dedication and hard ...

Company Overview - Hudbay Minerals is a copper-focused critical minerals company with three long-life mining operations and a strong pipeline of copper growth projects in Canada, Peru, and the United States [2] - The primary metal produced by the company is copper, complemented by significant gold production [2] Mission and Values - The company's mission is to create sustainable value and strong returns by leveraging its strengths in community relations, focused exploration, mine development, and efficient operations [2] - Hudbay emphasizes its commitment to people, communities, and the planet, stating that it provides essential metals while working sustainably to transform lives and create better futures for communities [2] Market Presence - Hudbay celebrated its 20th listing anniversary on the Toronto Stock Exchange, highlighting its established presence in the market [1]

Professional equity portfolio manager for a boutique buy-side asset manager.My focus is on finding high-quality companies, applying a disciplined approach to valuation and identifying underappreciated opportunities. My goal is to identify opportunities in cash-rich companies with strong balance sheets and shareholder friendly policies. I endeavour to incorporate a mix of quantitative and qualitative measures to identify opportunities in stocks. Long-only approach with a long-term investment focus.Analyst’s ...

Core Viewpoint - Hudbay Minerals Inc. has received the Air Quality Permit for the Copper World project, marking a significant milestone as it is the final major permit required for development and operation. The project is expected to produce 85,000 tonnes of copper annually over an initial 20-year mine life [1][2]. Group 1: Project Development and Economic Impact - The Copper World project is anticipated to increase Hudbay's consolidated annual copper production by over 50% from current levels, contributing significantly to the U.S. supply chain with plans to produce Made-in-America copper [2]. - Over the initial 20-year mine life, Hudbay expects to contribute more than $850 million in U.S. taxes, including approximately $170 million to the state of Arizona, and create over 400 direct jobs and up to 3,000 indirect jobs [4]. - The estimated initial capital investment for Phase I of Copper World is approximately $1.3 billion, with an additional $0.4 billion required in year four for a concentrate leach facility [12]. Group 2: Permitting and Regulatory Progress - Hudbay has completed all three key state permits required for Copper World: the Mined Land Reclamation Plan, the Aquifer Protection Permit, and the Air Quality Permit [3]. - The Air Quality Permit was received on January 2, 2025, following a robust process that included public comment periods [3]. Group 3: Financial Strategy and Planning - Hudbay has introduced a three prerequisites plan (3-P) for project sanctioning, which includes the completion of all required permits, a definitive feasibility study with an internal rate of return greater than 15%, and a prudent financing strategy [5][26]. - The company has generated $840 million in adjusted EBITDA and reduced net debt by $506 million for the twelve months ending September 30, 2024, improving its net debt to adjusted EBITDA ratio to 0.7x [6]. - A minority joint venture partner process is anticipated to commence early in 2025, which will participate in funding the definitive feasibility study activities and final project design [7]. Group 4: Project Specifications and Future Outlook - Copper World is located in Pima County, Arizona, and includes seven deposits discovered in 2021, with a new resource model completed for the preliminary economic assessment in 2022 [9]. - The project is one of the highest-grade open pit copper projects in the Americas, with proven and probable mineral reserves of 385 million tonnes at 0.54% copper [14]. - The internal rate of return for Phase I is estimated at 19% based on a copper price of $3.75 per pound, with an after-tax net present value of $1.1 billion [13].

Micron Technology (NASDAQ: MU ) reported q1’25 earnings results in line with estimates; however, management’s guidance for eq2’25 came in significantly below market expectations, leading to a -16% selloff in the after-hours market. Management’s eq2’25 revenue guidance is $1b below consensus estimates of $8.9b, suggesting that growthMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in pr ...