Graincorp Limited Class A (AU:GNC)
ASX:GNC
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Earnings Data
Report Date
Nov 12, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.07Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: strong operational execution (H1 underlying EBITDA $136M), continued dividend and portfolio optimisation, progress on transformation and sustainability initiatives, and clear capital discipline. However, cyclical headwinds — notably a global grain oversupply compressing margins, mark-to-market derivative effects in nutrition & energy, lower agri-energy demand and one-off exit and transformation costs — meaningfully constrained reported results. Management reiterated FY26 guidance and emphasised confidence in through-the-cycle earnings and transformation savings, but several near-term timing and commodity-market risks remain.Company Guidance
Solid Half-Year Underlying EBITDA
Reported underlying EBITDA of $136 million for H1 FY26 and the Board reaffirmed FY26 guidance of $200–$240 million underlying EBITDA and underlying NPAT of $20–$50 million.
Shareholder Returns Maintained
Board declared an ordinary interim dividend of $0.14 per share, fully franked, continuing GrainCorp's track record of capital returns.
Operational Volume Strengths — Ports and Bulk Materials
Ports exports executed 3.3 million tonnes in the half (up from 3.2 million prior year, ≈+3.1%) and bulk materials handled increased from 1.2 million to 1.5 million tonnes (+25%), demonstrating strong utilization of port assets and diversification of revenue streams.
Animal Nutrition Record Sales
Animal nutrition posted record sales of 390,000 tonnes, up from 370,000 tonnes year-on-year (≈+5%), supported by larger herd sizes in Australia and strong dairy demand in New Zealand.
Stable Oilseed Crush Volumes
Canola crush volumes remained strong at 277,000 tonnes in H1, broadly in line with the prior half-year, with management expecting FY26 crush margins to be broadly in line with FY25 once timing effects unwind.
Balance Sheet and Cash Position
Core cash of $163 million at half-year, a strong balance sheet according to management, with net working capital at seasonal peak and expected to unwind in H2; interest expense was lower due to lower commodity volumes and values.
Transformation Program Delivering Savings
Business transformation (Release 1) OpEx of $17 million in the half; management confirms run-rate exit savings from FY26 of $5–$10 million and expected EBITDA uplift of $20–$30 million on a through-the-cycle basis as program completes.
Sustainability and Innovation Progress
Committed to the Science Based Targets initiative, joined the Climate Leaders Coalition, published first annual progress report (Scope 1 & 2 emissions down 4.3% vs 2022 baseline) and expanded GrainCorp Next and BioScout deployments.
Portfolio Actions and Capital Discipline
Signed sale of 50% stake in GrainsConnect Canada (transaction nearing completion in H2 FY26) as part of ongoing portfolio optimisation; full-year CapEx guidance maintained at $85–$90 million.
AU:GNC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:GNC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | AU$6.22 | AU$5.38 | -13.50% |
Nov 12, 2025 | AU$8.70 | AU$7.75 | -10.83% |
May 14, 2025 | AU$6.74 | AU$7.33 | +8.80% |
Nov 13, 2024 | AU$8.09 | AU$7.85 | -2.94% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Graincorp Limited Class A (AU:GNC) report earnings?
Graincorp Limited Class A (AU:GNC) is schdueled to report earning on Nov 12, 2026, TBA (Confirmed).
What is Graincorp Limited Class A (AU:GNC) earnings time?
Graincorp Limited Class A (AU:GNC) earnings time is at Nov 12, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Graincorp Limited Class A stock?
The P/E ratio of Graincorp Limited Class A is N/A.
What is AU:GNC EPS forecast?
Currently, no data Available