The earnings call reflects a positive sentiment due to strong financial performance, particularly in EBITDA and net income, alongside significant increases in silver production and reserves. However, the call also highlighted some challenges, including decreased copper and gold production, increased debt levels, and cost overruns in the San Gabriel project.

Company Guidance -

Q1 2025

During the first quarter of 2025, Compania de Minas Buenaventura reported strong financial performance, with an EBITDA from direct operations of $126 million, up from $95 million in the same period last year, leading to an improved EBITDA margin of 41% compared to 38% previously. The company's net income rose significantly to $140 million from $61 million a year ago. The cash position was $648 million against a total debt of $862 million, reflecting a net leverage ratio of 0.46x. Silver production increased by 20% year-over-year to 3.7 million ounces, primarily from the Yumpag operation, while copper production decreased by 21% due to reduced inventory at El Brocal, and gold production fell to 27,980 ounces from 36,593 ounces due to lower production at Tambomayo and Orcopampa. The updated reserves showed increases in gold, silver, and copper reserves. San Gabriel's project saw a revised CapEx guidance for the year at $220 million-$250 million, with 79% overall project completion and a focus on commencing the ramp-up phase in Q3 2025. The all-in sustaining cost decreased by 83% year-over-year, driven by lower commercial deductions and higher byproduct credits.

Strong EBITDA Performance

First quarter 2025 EBITDA from direct operations was $126 million, up from $95 million in the first quarter of 2024, reflecting a higher EBITDA margin of 41% compared to 38% the previous year.

Significant Increase in Net Income

First quarter 2025 net income was $140 million, significantly higher than the $61 million reported in the first quarter of 2024.

Increase in Silver Production

Silver production reached 3.7 million ounces in the first quarter of 2025, a 20% increase compared to 3.1 million ounces in the same period last year.

Growth in Reserves

Gold reserves increased by 482,000 ounces, silver reserves by 61 million ounces, and copper reserves by 253,000 tonnes.

Decrease in All-In Sustaining Cost

The all-in sustaining cost for the first quarter of 2025 decreased by 83% year-over-year, driven by lower commercial deductions and higher byproduct credits.

Progress in San Gabriel Project

San Gabriel reached 79% overall completion by the first quarter of 2025, with construction on schedule and expected to produce its first gold bar in the fourth quarter of 2025.

Compania de Minas Buenaventura SAA (BVN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

BVN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 23, 2025	2025 (Q2)	0.37 / -	0.28	―	―	―
May 01, 2025	2025 (Q1)	0.26 / 0.55	0.24	129.17% (+0.31)
Oct 30, 2024	2024 (Q3)	0.28 / 0.93	-0.096	1068.75% (+1.03)
Jul 25, 2024	2024 (Q2)	0.34 / 0.28	-0.03	1033.33% (+0.31)
Apr 30, 2024	2024 (Q1)	0.10 / 0.24	0.25	-4.00% (-0.01)
Mar 01, 2024	2023 (Q4)	- / -	0.27	―
Feb 14, 2024	2024 (Q4)	0.13 / -0.04	0.27	-114.81% (-0.31)	―	―
Oct 31, 2023	2023 (Q3)	0.15 / -0.10	-0.08	-20.00% (-0.02)
Jul 26, 2023	2023 (Q2)	0.11 / -0.03	-0.16	81.25% (+0.13)	―	―
Apr 28, 2023	2023 (Q1)	0.18 / 0.25	2.5	-90.00% (-2.25)	―	―

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

BVN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 01, 2025	$14.16	$13.92	-1.69%
Oct 30, 2024	$12.85	$12.81	-0.31%
Jul 25, 2024	$15.48	$15.62	+0.90%
Apr 30, 2024	$17.48	$16.98	-2.86%

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.

FAQ

When does Compania de Minas Buenaventura SAA (BVN) report earnings?

Compania de Minas Buenaventura SAA (BVN) is schdueled to report earning on Jul 23, 2025, After Close (Confirmed).

What is Compania de Minas Buenaventura SAA (BVN) earnings time?

Compania de Minas Buenaventura SAA (BVN) earnings time is at Jul 23, 2025, After Close (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 (Q2) is 0.37.

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