NYSE$BVN
CompañÃa de Minas Buenaventura S.A.A · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Buenaventura reported strong financial performance in Q4 2024, with increased revenue and profitability.
Buenaventura achieved a net income of $33.6 million in Q4 2024, reversing a loss from the prior year. Total revenue increased 18% YoY to $299.6 million. Operating income declined 24% to $45.8 million, while EBITDA from direct operations rose 26% to $93.4 million. The company ended the year with a cash position of $478.4 million and a leverage ratio of 0.34x.
- Q4 2024 revenue grew 18% YoY to $299.6 million.
- Net income turned positive at $33.6 million, compared to a $9.8 million loss in Q4 2023.
- Operating income declined 24% YoY to $45.8 million.
- Buenaventura ended the year with $478.4 million in cash and a leverage ratio of 0.34x.
Headline financials
Revenue & EPS history
Buenaventura · Revenue · Quarterly
$300M
Forward guidance
Buenaventura expects continued operational efficiency improvements and ongoing investment in its key projects.
Tailwinds
- Continued investment in San Gabriel project to enhance production capacity.
- Strong cash position of $478.4 million provides financial flexibility.
- Operational efficiency improvements expected across key mining sites.
- Potential benefits from the recent bond issuance for refinancing.
- Dividend payment proposal of $0.2922 per share aligns with company policy.
Headwinds
- Decline in lead and zinc production due to depletion of El Brocal's Tajo Norte resources.
- Operating income decreased by 24% YoY despite revenue growth.
- Gold production fell 10% YoY due to lower output at Orcopampa and Tambomayo.
- Lower EBITDA including affiliates due to external market conditions.
- Possible headwinds from macroeconomic uncertainties affecting metal prices.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
-0.8%
Avg return
Earnings day
-0.5%
Avg return
5 days after
-1.2%
Avg return
30 days after
41%
24 / 59 earnings
Positive
+13.0%
Q1 2016
Best reaction
-16.9%
Q1 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +6.2% | -12.1% | -5.4% | |
| Q4 2024 | -3.8% | -2.0% | +18.0% | |
| Q2 2024 | -0.3% | -3.3% | -7.1% | |
| Q4 2023 | +0.7% | +6.5% | +5.7% | |
| Q3 2023 | -4.0% | +0.0% | +13.6% | |
| Q2 2023 | -3.4% | -0.4% | +5.4% | |
| Q1 2023 | -4.5% | -2.0% | -10.7% | |
| Q4 2022 | +11.7% | +15.5% | +10.2% | |
| Q3 2022 | -3.2% | +0.1% | +16.4% | |
| Q2 2022 | -1.8% | -8.9% | -5.4% | |
| Q1 2022 | +6.2% | +7.3% | +1.7% | |
| Q4 2021 | -1.3% | +4.0% | +8.1% | |
| Q3 2021 | -6.2% | -11.2% | -17.4% | |
| Q2 2021 | +1.1% | -7.5% | -9.6% | |
| Q1 2021 | -1.6% | -1.1% | +16.6% | |
| Q4 2020 | -5.3% | -3.9% | -12.2% | |
| Q3 2020 | -2.8% | -1.0% | -13.9% | |
| Q2 2020 | -5.6% | -2.2% | +10.0% | |
| Q1 2020 | -2.4% | -3.7% | +1.7% | |
| Q4 2019 | +0.6% | -5.0% | -41.4% | |
| Q3 2019 | +3.9% | +11.2% | +5.9% | |
| Q2 2019 | -9.5% | -8.2% | -16.3% | |
| Q1 2019 | -0.3% | -2.3% | -7.5% | |
| Q4 2018 | -0.1% | -2.1% | +2.9% | |
| Q3 2018 | -2.7% | -1.7% | +0.1% | |
| Q2 2018 | +0.5% | +3.6% | -3.3% | |
| Q1 2018 | -1.1% | -0.6% | -2.4% | |
| Q4 2017 | -3.4% | -0.7% | -5.3% | |
| Q3 2017 | -1.1% | +2.9% | +3.4% | |
| Q2 2017 | +1.2% | -0.7% | +6.2% | |
| Q1 2017 | +0.3% | -1.8% | +3.8% | |
| Q4 2016 | +2.9% | -0.8% | -2.0% | |
| Q3 2016 | +0.2% | -1.9% | -17.4% | |
| Q2 2016 | +11.1% | +17.0% | +5.5% | |
| Q1 2016 | +13.0% | — | — | |
| Q4 2015 | -3.5% | — | — | |
| Q3 2015 | +3.4% | — | — | |
| Q2 2015 | -5.2% | — | — | |
| Q1 2015 | -4.5% | — | — | |
| Q4 2014 | +4.5% | — | — | |
| Q3 2014 | -3.4% | — | — | |
| Q2 2014 | +2.7% | — | — | |
| Q4 2013 | -7.8% | — | — | |
| Q1 2014 | -0.5% | — | — | |
| Q3 2013 | -3.0% | — | — | |
| Q2 2013 | +1.6% | — | — | |
| Q4 2012 | -3.6% | — | — | |
| Q1 2013 | -1.8% | — | — | |
| Q3 2012 | -0.3% | — | — | |
| Q2 2012 | +0.7% | — | — | |
| Q1 2012 | +2.0% | — | — | |
| Q4 2011 | -1.7% | — | — | |
| Q3 2011 | +0.2% | — | — | |
| Q4 2010 | +4.1% | — | — | |
| Q2 2011 | -16.9% | — | — | |
| Q1 2011 | -16.9% | — | — | |
| Q3 2010 | +5.1% | — | — | |
| Q2 2010 | -4.6% | — | — | |
| Q1 2010 | +6.5% | — | — |
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