TORONTO (AP) — TORONTO (AP) — HudBay Minerals Inc. (HBM) on Wednesday reported third-quarter earnings of $222.4 million.
On a per-share basis, the Toronto-based company said it had profit of 56 cents. Earnings, adjusted for non-recurring gains, were 3 cents per share.
The results missed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The mining company posted revenue of $346.8 million in the period, which also missed Street forecasts. Eleven analysts surveyed by Zacks expected $413.2 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
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