Australia-listed shares of Capstone Copper CSC.AX fall 8.4% to A$13.25, their lowest level since February 18
Jefferies says co's reported Q4 adjusted EPS of $0.10 missed its estimate of $0.16, while also coming in below the FactSet consensus of $0.12
Brokerage adds co's adjusted Q4 EBITDA of $308 million was also below its $354 million forecast, primarily due to a combination of higher-than-expected production costs and depreciation
"CS has underperformed YTD in large part due to the weaker than expected 2026 guide, and the expectation that production and costs only materially improve in 2027" - Jefferies
However, brokerage maintains "buy" rating
YTD shares down 12.63%
($1 = 1.4178 Australian dollars)