Core Insights - Micron Technology, Inc. reported better than expected fiscal Q1 earnings for FY 2025 but provided weak guidance for the second fiscal quarter [1] Financial Performance - The company achieved better than expected earnings in its first fiscal quarter of FY 2025 [1] - Specific financial figures were not disclosed in the provided content Future Outlook - Micron issued a weak guidance for the second fiscal quarter, indicating potential challenges ahead [1]

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Management's Discussion and Analysis of Results of Operations and Financial Condition For the three and nine months ended September 30, 2024 November 12, 2024 TABLE OF CONTENTS | I | n | t | r | o | du | c | t | i | o | n | 1 | O | u | r | B | u | s | i | n | e | s | s | 1 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- ...

Core Insights - HudBay Minerals reported revenue of $485.77 million for the quarter ended September 2024, reflecting a 1.1% increase year-over-year and surpassing the Zacks Consensus Estimate by 3.88% [1] - The company achieved an EPS of $0.13, significantly higher than the $0.07 from the same quarter last year, resulting in an EPS surprise of 160% compared to the consensus estimate of $0.05 [1] Financial Performance Metrics - Copper production in Manitoba reached 3,398 tons, exceeding the average estimate of 2,654.43 tons [3] - Zinc production in Manitoba was 8,069 tons, above the average estimate of 7,732.65 tons [3] - Gold production in Manitoba totaled 62,468 ounces, surpassing the average estimate of 47,181.62 ounces [3] - Silver production in British Columbia was 55,963 ounces, below the average estimate of 89,248.26 ounces [3] - Copper production in British Columbia was 6,736 tons, lower than the average estimate of 8,394.13 tons [3] - Silver production in Manitoba reached 281,397 ounces, exceeding the average estimate of 219,848.7 ounces [3] Revenue Breakdown - Revenue from copper contracts was $261.30 million, which is a 21.8% decrease year-over-year and below the average estimate of $318.46 million [3] - Revenue from zinc contracts was $24.20 million, representing a 36% increase year-over-year and above the average estimate of $21.06 million [3] - Revenue from gold contracts was $176.40 million, reflecting a 37.4% increase year-over-year and exceeding the average estimate of $140.40 million [3] - Revenue from silver contracts was $12.70 million, which is a 23.3% increase year-over-year but below the average estimate of $20.93 million [3] - Revenue from molybdenum contracts was $16.80 million, a 25% decrease year-over-year and above the average estimate of $14.56 million [3] - Total revenue from contracts was $491.40 million, below the average estimate of $531.80 million [3] Stock Performance - HudBay Minerals' shares have declined by 4.3% over the past month, contrasting with a 3% increase in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

HudBay Minerals (HBM) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 160%. A quarter ago, it was expected that this mining company would post earnings of $0.06 per share when it actually produced break-even earnings, delivering a surprise of -100%.Over the last four quarters, the com ...

TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today released its third quarter 2024 financial results. All amounts are in U.S. dollars, unless otherwise noted. All production and cost amounts reflect the Copper Mountain mine on a 100% basis, with Hudbay owning a 75% interest in the mine. “Our enhanced operating platform delivered strong operating and financial results with record gold production in Manitoba and robust cost control across the bus ...

The upcoming report from HudBay Minerals (HBM) is expected to reveal quarterly earnings of $0.05 per share, indicating a decline of 28.6% compared to the year-ago period. Analysts forecast revenues of $470.43 million, representing a decrease of 2.1% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 2.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this ...

HudBay Minerals (HBM) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on November 13, 2024, might help the stock move higher if these key numbers are better ...

Core Viewpoint - HudBay Minerals is facing a challenging earnings outlook with expected declines in both earnings per share and revenue for the upcoming report on November 13, 2024 [2][3]. Group 1: Recent Performance - HudBay Minerals' stock closed at $9.06, unchanged from the previous day, while the S&P 500, Dow, and Nasdaq experienced losses of 0.28%, 0.61%, and 0.33% respectively [1]. - Over the past month, HudBay Minerals' shares have decreased by 3.62%, underperforming the Basic Materials sector's loss of 3.57% and the S&P 500's gain of 0.41% [1]. Group 2: Earnings Expectations - Analysts anticipate HudBay Minerals will report earnings of $0.05 per share, reflecting a year-over-year decline of 28.57% [2]. - The Zacks Consensus Estimate for revenue is projected at $470.43 million, down 2.09% from the previous year [2]. Group 3: Full-Year Estimates - For the full year, Zacks Consensus Estimates predict earnings of $0.48 per share and revenue of $2.04 billion, indicating year-over-year increases of 108.7% and 20.73% respectively [3]. - Recent changes in analyst estimates are crucial as they often indicate shifts in business trends, with positive revisions suggesting optimism about the company's profitability [3]. Group 4: Valuation Metrics - HudBay Minerals is currently trading at a Forward P/E ratio of 18.97, which is higher than the industry average of 16.93, indicating a premium valuation [6]. - The Mining - Miscellaneous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 170, placing it in the bottom 33% of over 250 industries [6]. Group 5: Analyst Ratings - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates HudBay Minerals at 3 (Hold) [5]. - Over the past month, the Zacks Consensus EPS estimate has decreased by 8.76%, reflecting a cautious outlook from analysts [5].

Company Performance - HudBay Minerals (HBM) closed at $9.58, reflecting a -0.42% change from the previous session, underperforming the S&P 500's daily gain of 0.27% [1] - Over the past month, shares of HudBay Minerals gained 3.66%, outperforming the Basic Materials sector's loss of 3.73% and the S&P 500's gain of 2% [1] Upcoming Earnings - The earnings report for HudBay Minerals is scheduled for November 13, 2024, with an expected EPS of $0.05, representing a 28.57% decrease from the same quarter last year [2] - Revenue is forecasted to be $470.43 million, indicating a 2.09% decline compared to the previous year [2] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $0.48 per share and revenue of $2.04 billion, reflecting increases of +108.7% and +20.73% respectively from the prior year [3] - Recent changes in analyst estimates suggest a positive outlook for HudBay Minerals' business and profitability [3] Valuation Metrics - HudBay Minerals is currently trading at a Forward P/E ratio of 20.15, which is higher than the industry average Forward P/E of 16.72 [6] - The Mining - Miscellaneous industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 177, placing it in the bottom 30% of over 250 industries [6] Analyst Ratings - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), indicates that HudBay Minerals currently holds a Zacks Rank of 3 (Hold) [5] - The Zacks Consensus EPS estimate has decreased by 8.9% in the past month, reflecting a cautious sentiment among analysts [5]