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HudBay Minerals: Q2 Earnings Snapshot
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TORONTO (AP) — TORONTO (AP) — HudBay Minerals Inc. (HBM) on Wednesday reported second-quarter net income of $137.4 million.

On a per-share basis, the Toronto-based company said it had profit of 34 cents. Earnings, adjusted for non-recurring gains, were 28 cents per share.

The results fell short of Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.

The mining company posted revenue of $631.3 million in the period, also falling short of Street forecasts. Eight analysts surveyed by Zacks expected $649.2 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HBM at https://www.zacks.com/ap/HBM

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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