LOGO
LOGO

Quick Facts

Buenaventura Q3 Profit Drops 11% - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Compania de Minas Buenaventura SA (BVN), a Peru-based precious metals producer, reported that its third-quarter net income dropped 11 percent to $185.6 million or $0.7 per share from $208.7 million or $0.8 per share last year.

On average, three analysts polled by Thomson Reuters expected earnings of $0.92 per share for the quarter. Analysts' estimates typically exclude unusual gains and losses.

Buenaventura said its total revenues for the quarter declined 5 percent to $411.9 million from $435.3 million last year. Analysts estimated revenues of $381.63 million for the quarter.

Operating income was $120.6 million, a 44% decrease compared to the $214.0 million reported in the previous year.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.