Buenaventura Mining Co Q2 EPS $0.28 Misses $0.29 Estimate, Sales $277.10M Beat $257.17M Estimate
Portfolio Pulse from Benzinga Newsdesk
Buenaventura Mining Co (NYSE:BVN) reported Q2 earnings of $0.28 per share, missing the $0.29 estimate but showing a significant improvement from last year's loss. Sales were $277.10 million, beating the $257.17 million estimate and showing a substantial increase from the previous year.
July 26, 2024 | 6:15 am
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Buenaventura Mining Co reported Q2 earnings of $0.28 per share, missing the $0.29 estimate but showing a significant improvement from last year's loss. Sales were $277.10 million, beating the $257.17 million estimate and showing a substantial increase from the previous year.
Despite missing the EPS estimate by a small margin, the significant improvement from last year's loss and the substantial beat in sales estimates are positive indicators. This suggests strong operational performance and could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100