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TORONTO (AP) — TORONTO (AP) — HudBay Minerals Inc. (HBM) on Wednesday reported third-quarter earnings of $45.5 million.
The Toronto-based company said it had net income of 13 cents per share. Earnings, adjusted for non-recurring gains, were 7 cents per share.
The results fell short of Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The mining company posted revenue of $480.5 million in the period, also falling short of Street forecasts. Eleven analysts surveyed by Zacks expected $488.6 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