The earnings call presented a balanced view with strong financial performance and shareholder returns, countered by challenges in commodity pricing and operational factors in copper and cobalt segments.

Company Guidance

During the Glencore 2025 Half Year Results Conference Call, the company provided guidance indicating a strong financial performance despite challenging market conditions. Glencore reported an adjusted EBITDA of $5.4 billion for the first half of 2025, with $3.8 billion from its industrial asset business and $1.4 billion from its marketing business. The industrial segment faced challenges due to low coal prices, with coal prices dropping over 20% and hard coking coal prices down 33% year-on-year. However, the company saw strong results in its zinc gold business, particularly in Kazakhstan. Glencore also highlighted a temporary production imbalance with copper, expecting 60% of annual production in the second half of the year. Meanwhile, the marketing segment achieved $1.4 billion in adjusted marketing EBIT, annualizing above the previous range of $2.2 billion to $3.2 billion, prompting an increase in the marketing EBIT range to $2.3 billion to $3.5 billion post-Viterra sale. Glencore reported cash generated by operating activities at $4.3 billion and announced $3.2 billion in shareholder returns, including dividends and buybacks. Additionally, the company is implementing approximately $1 billion in annualized cost savings following an organizational review.

Strong Financial Performance

Glencore reported an adjusted EBITDA of $5.4 billion for the first half of 2025, with an industrial asset business adjusted EBITDA of $3.8 billion, despite lower coal prices.

Zinc and Gold Business Performance

A strong result from the zinc and gold business, particularly in Kazakhstan, contributing significantly to the company's performance.

Marketing Business Success

The marketing segment reported a pleasing result with $1.4 billion in adjusted EBIT, driven by strong performance in metals, especially copper.

Shareholder Returns

Glencore announced $3.2 billion in shareholder returns, including base dividends and a share buyback program.

Cost Savings Initiative

A comprehensive review resulted in $1 billion of annualized cost savings across the business, to be achieved by end of 2026.

Glencore (GLNCY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GLNCY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 25, 2026	2025 (Q4)	0.14 / -	0.18	―	―	―
Aug 06, 2025	2025 (Q2)	0.09 / 0.01	0.12	-91.67% (-0.11)
Feb 19, 2025	2024 (Q4)	0.18 / 0.18	-0.024	850.00% (+0.20)
Aug 07, 2024	2024 (Q2)	0.15 / 0.12	0.341	-64.81% (-0.22)
Feb 21, 2024	2023 (Q4)	0.24 / -0.02	0.577	-104.16% (-0.60)
Aug 08, 2023	2023 (Q2)	0.40 / 0.34	0.87	-60.80% (-0.53)
Feb 15, 2023	2022 (Q4)	0.55 / 0.58	0.426	35.45% (+0.15)
Aug 04, 2022	2022 (Q2)	0.73 / 0.87	0.095	815.79% (+0.78)	―	―
Feb 15, 2022	2021 (Q4)	0.46 / 0.43	0.123	246.34% (+0.30)	―	―
Aug 05, 2021	2021 (Q2)	0.23 / 0.10	-0.189	150.26% (+0.28)	―	―

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

GLNCY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$7.97	$7.54	-5.40%
Feb 19, 2025	$8.64	$8.09	-6.37%
Aug 07, 2024	$9.69	$9.84	+1.55%
Feb 21, 2024	$9.49	$9.35	-1.48%

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 Glencore Plc (GLNCY) report earnings?

Glencore Plc (GLNCY) is schdueled to report earning on Feb 25, 2026, Before Open (Confirmed).

What is Glencore Plc (GLNCY) earnings time?

Glencore Plc (GLNCY) earnings time is at Feb 25, 2026, Before Open (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 GLNCY EPS forecast?

GLNCY EPS forecast for the fiscal quarter 2025 (Q4) is 0.14.

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