Core Viewpoint - Wall Street analysts anticipate HudBay Minerals (HBM) will report quarterly earnings of 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 18.78 million, reflecting a 0.4% increase from the previous year [5]. - 'Revenue from contracts- Gold' is estimated at 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 3.77 per pound in the previous year [9]. - The average prediction for 'Realized Sales Prices - Gold' is 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].
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