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IGO (IPGDF)
OTHER OTC:IPGDF
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.02Last Year’s EPS
0.24Same Quarter Last Year
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 31, 2019
|% Change Since: -11.67%
|Next Earnings Date:Aug 29, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive achievements, particularly in Greenbushes' performance and strategic leadership changes, but also highlighted significant challenges such as market uncertainty and operational issues at Kwinana and Forrestania. The sentiment leans slightly towards positive due to strong financial performance and strategic advancements.Company Guidance
During the IGO Limited Q4 2024 earnings call, CEO Ivan Vella provided detailed guidance on several key metrics. The company's safety performance improved, yet the Total Recordable Injury Frequency Rate (TRIFR) remained at 10.4. Greenbushes returned to full production with an EBITDA margin of nearly 68% for the quarter and 85% for the full financial year, generating $760 million in dividends, including $159 million for the quarter. For FY '25, Greenbushes production is expected to run unconstrained, with costs between $320 and $380 per tonne. Meanwhile, Nova mine production is projected to decline slightly as it approaches its end of life, and Forrestania is moving into care and maintenance. Exploration expenditures are set to decrease, with a budget of $50 to $60 million for FY '25, targeting a run rate of under $50 million in subsequent years. The company is also undergoing a strategic refresh and organizational restructuring to enhance growth and operational efficiency.Strong Greenbushes Performance
Greenbushes returned to full production with an EBITDA margin of just under 68% for the June quarter and 85% for the full financial year, translating to significant cash generation and dividends totaling $760 million over the year.
Nova's Strong Finish
Nova mine had a strong finish to the year, ending just below guidance on tonnes but within cost guidance, showcasing the mine's reliable performance.
Robust Cash Flow
The business maintained a strong cash position, aided by effective hedging and dividends from Greenbushes.
Strategic Leadership Appointments
Appointment of Rob Telford as the new CEO for Talison and new executive leadership team members to bring fresh expertise and drive optimization.
Exploration and Strategic Review Progress
Progress in exploration business review with a budget reduction and a focus on rationalizing tenement portfolios.
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IPGDF 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
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IPGDF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Aug 28, 2024 | $3.60 | $3.62 | +0.56% |
| Feb 21, 2024 | $4.64 | $4.74 | +2.16% |
| Aug 30, 2023 | $8.36 | $9.02 | +7.89% |
| Jan 30, 2023 | $11.30 | $10.27 | -9.12% |
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.
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FAQ
When does IGO (IPGDF) report earnings?
IGO (IPGDF) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is IGO (IPGDF) earnings time?
IGO (IPGDF) earnings time is at Feb 19, 2025, TBA Not 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 IPGDF EPS forecast?
IPGDF EPS forecast for the fiscal quarter 2025 (Q2) is -0.02.
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