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Compania de Minas Buenaventura SAA (BVN)
:BVN
RESEARCH TOOLSreports
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.28Last Year’s EPS
0.24Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2024
|% Change Since: 1.15%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong financial performance with significant improvements in EBITDA, net income, and production volumes of silver and gold. The company also made strategic advancements with asset sales and project developments, which were well-received by the market as reflected in a credit rating upgrade. However, there were challenges such as a decrease in copper production, increased costs at certain mines, and permitting delays affecting profitability. Despite these issues, the positive aspects of the financial and operational results significantly outweighed the negative, leading to an overall positive sentiment.Company Guidance
During the third quarter of 2024, Compañía de Minas Buenaventura reported significant financial and operational achievements, reflecting strong guidance and an optimistic outlook. The company's EBITDA from direct operations rose to $132 million, marking an increase from the previous year, and the EBITDA margin improved to 40% from 25%. Net income for the quarter reached $237 million, a substantial turnaround from a $28 million net loss in the same period of 2023. The quarter also saw notable production increases, with silver output reaching 4.4 million ounces and gold production rising by 7% year-over-year. Capital expenditures totaled $98 million, with significant investment in the San Gabriel project, which achieved 65% completion. Buenaventura's credit rating was upgraded to B1 with a positive outlook by Moody's, supported by improved production efficiency and effective cost management. The company's cash position stood at $458 million, and a net debt-to-EBITDA ratio of 0.5x was achieved, highlighting its solid financial health and strategic focus on deleveraging.EBITDA and Net Income Increase
EBITDA from direct operations increased to $132 million, with a higher EBITDA margin of 40%, compared to 25% last year. Net income reached $237 million, up from a $28 million net loss in the same period last year.
Significant Increase in Silver and Gold Production
Silver production reached 4.4 million ounces, a significant increase from 1.9 million ounces last year. Gold production increased 7% year-over-year.
Sale of Chaupiloma Royalty Company
Completed the sale to Franco-Nevada for $210 million, contributing positively to the financial results.
Credit Rating Upgrade
Moody's upgraded Buenaventura's credit rating to B1 with a positive outlook, citing operational improvements and cost efficiency.
San Gabriel Project Progress
Achieved 65% overall completion with significant advancements, including water dam and power line construction.
Record Low Leverage Ratio
Achieved a net debt-to-EBITDA ratio of 0.5x, the lowest in years.
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Compania de Minas Buenaventura SAA (BVN) Earnings, Revenues Date & History
BVN 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
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BVN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $13.10 | $13.06 | -0.31% |
| Jul 25, 2024 | $15.78 | $15.92 | +0.89% |
| Apr 30, 2024 | $17.82 | $17.30 | -2.92% |
| Mar 01, 2024 | $15.03 | $15.05 | +0.13% |
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.
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FAQ
When does Compania de Minas Buenaventura SAA (BVN) report earnings?
Compania de Minas Buenaventura SAA (BVN) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Compania de Minas Buenaventura SAA (BVN) earnings time?
Compania de Minas Buenaventura SAA (BVN) earnings time is at Apr 30, 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 BVN EPS forecast?
BVN EPS forecast for the fiscal quarter 2025 (Q1) is 0.28.
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