Hudbay Minerals secures two of the three necessary state permits to begin the construction of its Copper World project in Arizona.
Applied Materials is well-positioned in the semiconductor equipment market, driven by growth in HBM, DRAM, and advanced packaging, with a 'Buy' rating and a $220 price target. Investments in advanced technologies and energy-efficient computing solutions are expected to serve as long-term growth tailwinds for the company. Recent financial results show 5.5% revenue growth and 7.4% adjusted operating profit growth, with a revenue forecast of $27 billion for FY24.
Hudbay Minerals Inc. (NYSE:HBM ) Q2 2024 Earnings Conference Call August 13, 2024 11:00 AM ET Company Participants Candace Brule - Vice President Investor Relations Peter Kukielski - President & Chief Executive Officer Eugene Lei - Chief Financial Officer Andre Lauzon - Chief Operating Officer Conference Call Participants Orest Wowkodaw - Scotiabank Ralph Profiti - Eight Capital Lawson Winder - Bank of America Merrill Lynch Dalton Baretto - Canaccord Genuity * Operator Good morning, ladies and gentlemen. Thank you for standing by.
While the top- and bottom-line numbers for HudBay Minerals (HBM) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
HudBay Minerals (HBM) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.06. This compares to loss of $0.07 per share a year ago.
HudBay Minerals (HBM) reachead $7.27 at the closing of the latest trading day, reflecting a +1.54% change compared to its last close.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for HudBay Minerals (HBM), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
A version of Samsung Electronics' fifth-generation high bandwidth memory (HBM) chips, or HBM3E, has passed Nvidia's tests for use in its artificial intelligence (AI) processors, three sources briefed on the results said.
HudBay Minerals (HBM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Samsung Electronics reported a 15-fold increase in operating profit in 2Q 2024, driven by the booming AI sector and strong semiconductor performance. Samsung plans to expand HBM production in 2H 2024, with HBM3E expected to dominate sales by Q4. Despite challenges in the mobile device business, Samsung launched new flagship foldable phones and AI-supported mobile accessories.
HudBay Minerals (HBM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.