The Gory Details of Compañía de Minas Buenaventura S.A.A's Earnings Miss

Just the facts, Fool.

Seth Jayson
Seth Jayson
Mar 1, 2013 at 12:00AM
Other

Compañía de Minas Buenaventura S.A.A. (NYSE: BVN) reported earnings on Feb. 28. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Compañía de Minas Buenaventura S.A.A. beat expectations on revenues and whiffed on earnings per share.

Compared to the prior-year quarter, revenue grew. GAAP earnings per share dropped significantly.

Margins contracted across the board.

Revenue details
Compañía de Minas Buenaventura S.A.A. booked revenue of $424.2 million. The three analysts polled by S&P Capital IQ foresaw revenue of $414.6 million on the same basis. GAAP reported sales were 5.4% higher than the prior-year quarter's $402.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.54. The five earnings estimates compiled by S&P Capital IQ predicted $0.69 per share. GAAP EPS of $0.54 for Q4 were 40% lower than the prior-year quarter's $0.90 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 52.4%, much worse than the prior-year quarter. Operating margin was 26.5%, much worse than the prior-year quarter. Net margin was 32.8%, much worse than the prior-year quarter.


Related Articles

Looking ahead
Next quarter's average estimate for revenue is $413.3 million. On the bottom line, the average EPS estimate is $0.69.

Next year's average estimate for revenue is $1.76 billion. The average EPS estimate is $3.13.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 762 members out of 801 rating the stock outperform, and 39 members rating it underperform. Among 131 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 114 give Compañía de Minas Buenaventura S.A.A. a green thumbs-up, and 17 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Compañía de Minas Buenaventura S.A.A. is hold, with an average price target of $41.03.

Is Compañía de Minas Buenaventura S.A.A. the right gold stock for you? Find out what one TMF analyst thinks is the best way to profit from inflation and gold with a little-known company we profile in, "The Tiny Gold Stock Digging Up Massive Profits." Click here for instant access to this free report.