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Hudbay Minerals (HBM)
:HBM
Earnings Data
Report Date
Aug 11, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.15Last Year’s EPS
0Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 12, 2025
|% Change Since: 16.99%
|Next Earnings Date:Aug 11, 2025
Earnings Call Sentiment|Positive
The earnings call for Hudbay Minerals was predominantly positive, highlighting strong financial performance, record low cash costs, and significant progress in growth strategies. While there are concerns about the depletion of the Pampacancha deposit and delays in permitting for new projects, the company's operational improvements and robust growth plans outweigh these challenges.Company Guidance
During the Hudbay Minerals Incorporated First Quarter 2025 Results Conference Call, CEO Peter Kukielski highlighted robust performance metrics, showcasing significant operational and financial achievements. The company reported consolidated copper production at 31,000 tonnes and gold production at 74,000 ounces, with exceptional cost efficiencies reflected in record low consolidated cash costs of negative $0.45 per pound and sustaining cash costs of $0.72 per pound. Adjusted EBITDA reached a quarterly record of $287 million, marking a 12% increase from the previous quarter, while adjusted net earnings per share rose to $0.24. Hudbay ended the quarter with $583 million in cash and cash equivalents, maintaining a net debt of $526 million and a stable leverage ratio of 0.6 times. Importantly, the company is on track to achieve its full-year 2025 production and cost guidance, driven by strong performance across its operations in North and South America and strategic advancements such as the consolidation of Copper Mountain ownership, which is expected to increase long-term copper production by over 50%.Record Low Cash Costs
Hudbay achieved record low consolidated cash costs of negative $0.45 per pound and sustaining cash costs of $0.72 per pound, significantly improving compared to the previous quarter due to higher byproduct credits and strong operating cost performance.
Strong Free Cash Flow and EBITDA
Hudbay generated seven consecutive quarters of meaningful free cash flow and achieved a new quarterly record with an adjusted EBITDA of $287 million, representing a 12% increase over the previous quarter.
Copper and Gold Production Exceeds Expectations
Consolidated copper production was 31,000 tonnes, and gold production exceeded expectations at 74,000 ounces, primarily due to outperformance in Manitoba.
Significant Progress in Growth Strategy
Hudbay consolidated ownership at Copper Mountain and received full permits for Copper World, positioning the company to increase long-term copper production by more than 50%.
Operational Improvements in Manitoba
The Manitoba operations saw a 17% increase in gold production compared to the previous quarter, driven by higher grades and improved mining techniques, with gold cash costs decreasing by 38%.
HBM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HBM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2025 | $7.71 | $8.33 | +8.04% |
Feb 19, 2025 | $8.95 | $7.73 | -13.63% |
Nov 13, 2024 | $8.56 | $8.62 | +0.70% |
Aug 13, 2024 | $7.34 | $7.27 | -0.95% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Hudbay Minerals (HBM) report earnings?
Hudbay Minerals (HBM) is schdueled to report earning on Aug 11, 2025, TBA Not Confirmed.
What is Hudbay Minerals (HBM) earnings time?
Hudbay Minerals (HBM) earnings time is at Aug 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HBM EPS forecast?
HBM EPS forecast for the fiscal quarter 2025 (Q2) is 0.15.