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Contact Energy Limited (COENF)
OTHER OTC:COENF
Earnings Data
Report Date
Aug 17, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.14Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was broadly positive: management reported strong first‑half execution and financial results driven by the Manawa acquisition and renewable investments (EBITDAF +24%, NPAT +44%), significant progress on synergies, robust cash flow, and a large development pipeline with detailed use of proceeds for a $525 million equity raise to accelerate projects. Challenges were acknowledged including retail margin pressure (retail EBITDAF loss $25M), material network and energy cost inflation (~$79M), operating cost increases from the acquisition, gas production declines (~16% in Q1), and timing‑related working capital outflows. Overall the positives (scale, lower portfolio risk, renewable transition, captured synergies, upgraded guidance and funded pipeline acceleration) outweigh the headwinds.Company Guidance
Strong financial performance
EBITDAF increased 24% to $500 million in 1H FY26; NPAT rose 44% (driven by higher EBITDAF). Reported FY26 EBITDAF guidance upgraded to $965 million (up $15 million vs prior expectation).
Successful Manawa acquisition and synergy delivery
Manawa acquisition completed 11 July 2025; adds ~1.9 TWh pa of low‑cost hydro generation on an annualized basis. Secured more than 80% of announced cost synergies on a run‑rate basis within first 6 months and delivered an in‑period $7 million reduction in operating costs.
Accelerated renewable transition and generation mix shift
Generation was 97% renewable in 1H FY26 (up from 89% in 1H FY25). Renewable generation volumes increased ~1.5 TWh vs prior period contributing ~$123 million to EBITDAF; thermal generation fell to a record low of 178 GWh.
Strong cash generation and disciplined cash metrics
Operating free cash flow rose to $249 million (up $111 million year‑on‑year). Operating free cash flow conversion was 50%, in line with guidance.
Robust growth pipeline and project execution
1.1 TWh of renewable generation and 100 MW battery capacity under construction. Glenbrook‑Ohurua battery commissioning underway (expected online ~end March); Kowhai Park solar >50% panels installed and expected online ~end June; Te Mihi Stage 2 progressing to schedule.
Commercial contracting and customer wins
Strategic fixed‑price sales increased by ~1.7 TWh in the half (including Manawa PPA with Mercury and new New Zealand Steel supply). Over 150,000 retail customers have chosen off‑peak Good Plans.
Improved gas position and new supply contracts
Contact contracted an additional 7 PJ pa from Greymouth (on top of OMV supply), strengthening fuel security and reducing dry year risk.
Capital markets and balance sheet actions to support growth
Launched a $525 million equity raising (placement $450M + retail up to $75M) to accelerate Contact31; issued a $500 million Euro EMTN during the period. Pro‑forma net debt/EBITDAF expected to fall from 2.8x to ~2.3x following the raise.
COENF 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
COENF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Aug 18, 2025 | $5.47 | $5.47 | 0.00% |
Feb 17, 2025 | $5.05 | $5.05 | 0.00% |
Aug 14, 2023 | $4.54 | $4.64 | +2.29% |
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 Contact Energy Limited (COENF) report earnings?
Contact Energy Limited (COENF) is schdueled to report earning on Aug 17, 2026, After Close (Confirmed).
What is Contact Energy Limited (COENF) earnings time?
Contact Energy Limited (COENF) earnings time is at Aug 17, 2026, After Close (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 COENF EPS forecast?
Currently, no data Available