The earnings call reflected a balanced view with several positive developments such as increased EBITDA, growth in copper production, and progress on the San Gabriel project. However, there were also challenges including decreased silver and gold production, increased costs, and operational issues at Uchucchacua. The sentiment is balanced as the highlights and lowlights are equally impactful.

Company Guidance

In the second quarter of 2025, Compañía de Minas Buenaventura reported a strong financial performance, with EBITDA from direct operations reaching $130 million, up from $107 million in the same quarter of 2024. The company also saw an increase in net income, rising to $91 million compared to $71 million in the prior year. Despite a 11% decrease in silver production to 3.6 million ounces, copper production surged by 28% year-over-year. Gold production, however, fell to 27,345 ounces from 33,819 ounces in the prior year. Buenaventura initiated the sale of 20,000 metric tonnes of Cerro Verde's copper concentrate and anticipates selling a total of 40,000 metric tonnes for the full year. A new dividend distribution of $59 million was announced for Cerro Verde, contributing to a total of $108 million for Buenaventura. Total CapEx for the quarter was $107 million, with $82 million allocated to the San Gabriel project, which has reached 88% completion. The quarter ended with a cash position of $589 million and a total debt of $860 million, resulting in a leverage ratio of 0.56x.

Increase in EBITDA and Net Income

EBITDA for Q2 2025 was $130 million, up from $107 million in Q2 2024. Net income increased to $91 million from $71 million in the same period last year.

Copper Production Growth

Copper production rose by 28% year-over-year, primarily due to resumed operations at El Brocal.

Cerro Verde Copper Concentrate Sales

Initiated the sale of 20,000 metric tonnes of Cerro Verde's copper concentrate, expected to sell 40,000 metric tonnes in total for 2025.

San Gabriel Project Progress

San Gabriel project reached 88% completion, with plans to start ramp-up in Q3 2025 and produce the first gold bar in Q4 2025.

Cerro Verde Dividend

Cerro Verde announced a dividend distribution of $59 million, contributing to a total of $108 million for Buenaventura.

Cash Position and Debt Management

Ended Q2 2025 with a cash position of $589 million and a leverage ratio of 0.56x. Redeemed remaining $149 million of 2026 bond.

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
Oct 30, 2025	2025 (Q3)	0.37 / -	0.93	―	―	―
Jul 24, 2025	2025 (Q2)	0.35 / 0.36	0.28	28.57% (+0.08)
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)	―	―

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
Jul 24, 2025	$17.78	$17.37	-2.31%
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%

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 Oct 30, 2025, After Close (Confirmed).

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

Compania de Minas Buenaventura SAA (BVN) earnings time is at Oct 30, 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 (Q3) is 0.37.

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