Compared to Estimates, HudBay Minerals (HBM) Q4 Earnings: A Look at Key Metrics

Core Insights - HudBay Minerals reported revenue of $732.9 million for the quarter ended December 2025, marking a year-over-year increase of 25.3% but falling short of the Zacks Consensus Estimate of $763.81 million by 4.05% [1] - The company's EPS for the same period was $0.22, compared to $0.18 a year ago, but this also represented a significant miss of 44.4% against the consensus estimate of $0.40 [1] Financial Performance - Payable metal in concentrate and dore sold for Molybdenum was 190.00 tons, below the average estimate of 290.65 tons [4] - Gold production was 84,298.00 ounces, slightly above the average estimate of 83,565.30 ounces [4] - Payable metal sold for Copper in British Columbia was 3,747.00 tons, compared to the estimated 4,555.19 tons [4] - Payable metal sold for Silver in British Columbia was 45,298.00 ounces, below the average estimate of 52,037.99 ounces [4] Revenue Breakdown - Revenue from external customers in Peru was $447.3 million, slightly below the estimate of $451.74 million, with a year-over-year change of +28.9% [4] - Revenue from British Columbia was $59.4 million, compared to the estimated $67.2 million, representing a +5.6% change year-over-year [4] - Revenue from Manitoba was $226.2 million, below the estimate of $245.57 million, with a year-over-year increase of +24.5% [4] - Revenue from contracts totaled $707.7 million, compared to the average estimate of $766.32 million, reflecting a +19.8% year-over-year change [4] Contract Revenue Specifics - Revenue from contracts for Zinc was $12.5 million, significantly lower than the estimate of $41.17 million, representing a year-over-year decline of -23.8% [4] - Revenue from contracts for Silver was $16.3 million, compared to the estimated $39.31 million, with a +3.8% change year-over-year [4] - Revenue from contracts for Molybdenum was $9.9 million, below the average estimate of $14.78 million, with a +8.8% year-over-year change [4] - Revenue from contracts for Copper was $383.3 million, slightly below the estimate of $388.89 million, with a +9.8% change year-over-year [4] Stock Performance - HudBay Minerals shares returned +2.6% over the past month, while the Zacks S&P 500 composite experienced a -1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]