Buenaventura Mining Co Q1 2024 GAAP EPS $0.24 Down From $0.25 YoY, Sales $246.800M Beat $239.658M Estimate
Portfolio Pulse from Benzinga Newsdesk
Buenaventura Mining Co (NYSE:BVN) reported a slight decrease in Q1 2024 GAAP EPS to $0.24 from $0.25 YoY, but sales increased by 33.05% to $246.800M, beating estimates of $239.658M.

April 30, 2024 | 6:29 am
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Buenaventura Mining Co reported a slight decrease in EPS but a significant increase in sales, beating estimates.
Despite a minor decrease in EPS, the significant increase in sales and beating sales estimates are positive indicators for the stock. The growth in sales, especially when it exceeds analyst expectations, is typically viewed positively by the market, potentially leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100