Analysts Estimate HudBay Minerals (HBM) to Report a Decline in Earnings: What to Look Out for

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$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].