Post-earnings recap
Reported
Fri, Jul 31, 2026
EPS actual
$0.93
EPS est.
$0.99
EPS surprise
-6.06%
1-day move
-4.96%
Compañía de Minas Buenaventura S.A.A. is a leading mining company in Peru, primarily focused on the extraction of precious metals like gold and silver. With a market cap of $9 billion, it plays a significant role in the materials sector, benefiting from trends in global commodity demand and pricing.
Last quarter
In Q1-2026, Buenaventura reported an EPS of $1.32, exceeding estimates by 21.1%. The stock rose 8.56% the following day, reflecting positive investor sentiment.
EPS beat streak
0Q
EPS beat rate
75%
Avg EPS surprise
+62.13%
Avg 1-day reaction
+0.90%
Analysts expect Buenaventura to report steady earnings with an EPS of $1.03 and revenue of $610 million. The market is closely watching for any signs of growth or potential challenges.
Bull case
If the company beats EPS estimates again, it could signal strong operational performance and increased investor confidence, potentially driving the stock higher.
Bear case
Conversely, if the company fails to meet earnings expectations, it may raise concerns about its ability to manage costs and market conditions, leading to a negative stock reaction.
Key metrics to watch
EPS
$1.03Earnings per share is a key indicator of the company's profitability and financial health.
Revenue
$610MRevenue figures provide insight into the company's sales performance and market demand.
The print will turn on these.
Q1
Will Buenaventura's EPS exceed the consensus estimate of $1.03?
A beat on EPS could reinforce investor confidence and indicate strong operational performance.
Q2
What insights will management provide regarding revenue growth and market conditions?
Understanding revenue drivers and market challenges will be crucial for assessing the company's future outlook.
Est. EPS
—
Est. Rev
—
Impl. Move
±5.3%
Why consensus could be wrong
The Street may underestimate Buenaventura's ability to capitalize on rising commodity prices, particularly if gold and silver prices remain strong.
Supporting evidence
The company has a history of beating EPS estimates, with a 75% success rate over the last eight quarters.
Options pricing suggests a significant move, indicating that the market is anticipating volatility that could favor a positive outcome.
Key risk
If gold prices rise significantly before the earnings report, it could lead to better-than-expected revenue and earnings.
Pre-commit to what would confirm each case.
The market is weighing the company's ability to maintain profitability against potential headwinds in the mining sector.
Bull confirmed if
An EPS of $1.10 or higher would confirm strong operational performance and growth potential.
Bear confirmed if
An EPS below $1.00 would raise concerns about profitability and market conditions.
What the market is pricing for the move.
Implied Move
±23.9%
Historical Avg
±3.5%
The options market is pricing in a significant move, indicating heightened uncertainty or anticipation around the earnings report.
Options are pricing ±23.9% while BVN has averaged ±3.5% over the last 8 prints — setup is pricing rich.
ATM IV
0.6%
30d HV
64.2%
Cross-company pattern from 30 similar setups.
Prior-quarter beat + options rich in Materials
Fade rate: 14 of 30 (47%)
This setup has occurred 30 times across Materials in the last 2 years. 14 of 30 faded and 16 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 4.7%, with a raw directional average of +0.1% (modestly positive historical bias).
Smart-money positioning from the most recent 13F filings.
Institutional
60.18%
of float
Insider
28.68%
of float
Holders
452
institutions
Top Holders· as of Jun 2026
Van Eck Associates Corporation
11,914,882 sh · $370.9M
4.33%
-27.3%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Buenaventura beats expectations, history suggests the stock could rise by around 2.66%, confirming a positive outlook.
In line / cautious
If results are in line with expectations, the stock may see muted movement as investors assess management's commentary.
Miss
A miss on earnings could lead to a decline of about 2.25%, reflecting investor disappointment and concerns about future performance.
The lines on the call that would change the story.
Westwood Global Investments, LLC
11,389,437 sh · $354.6M
4.14%
2.7%
Blackrock Inc.
10,341,431 sh · $321.9M
3.76%
8.4%
Mirae Asset Global ETFs Holdings Ltd.
7,262,855 sh · $226.1M
2.64%
-5.9%
FIL LTD
6,656,335 sh · $207.2M
2.42%
-34.8%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.