Compania de Minas Buenaventura Beats Analyst Estimates on EPS
Compania de Minas Buenaventura (NYS: BVN) reported earnings on Feb. 29. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Compania de Minas Buenaventura beat expectations on revenues and earnings per share.
Compared to the prior-year quarter, revenue increased and GAAP earnings per share increased.
Gross margins contracted, operating margins contracted, and net margins improved.
Compania de Minas Buenaventura reported revenue of $402.3 million. The two analysts polled by S&P Capital IQ looked for revenue of $363.1 million on the same basis. GAAP reported sales were 1.4% higher than the prior-year quarter's $396.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.91. The three earnings estimates compiled by S&P Capital IQ forecast $0.84 per share. GAAP EPS of $0.91 for Q4 were 3.4% higher than the prior-year quarter's $0.88 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 65.9%, 250 basis points worse than the prior-year quarter. Operating margin was 42.4%, 510 basis points worse than the prior-year quarter. Net margin was 57.4%, 120 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $402.4 million. On the bottom line, the average EPS estimate is $1.01.
Next year's average estimate for revenue is $1.80 billion. The average EPS estimate is $4.04.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 762 members out of 798 rating the stock outperform, and 36 members rating it underperform. Among 192 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 182 give Compania de Minas Buenaventura a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Compania de Minas Buenaventura is outperform, with an average price target of $47.63.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.