Buenaventura Posts Higher Profit In Q3 - Quick Facts

(RTTNews) - Metals mining company Compañia de Minas Buenaventura S.A.A.(BVN) Friday reported a 20 percent increase in its third-quarter earnings to $78.3 million or $0.31 per share from $65.2 million or $0.26 per share last year. This result included a $59.9 million non-cash income from the Canteras del Hallazgo acquisition. On average, 3 analysts polled by Thomson-Reuters estimated the company's earnings per share to be $0.17 for the quarter. Analysts' estimates typically exclude one-time items. Quarterly revenues were down 8 percent to $317.6 million from $345.8 million a year ago, while analysts expected it to be $383.31 million.