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Irsa Inversiones Y Representaciones (IRS)
NYSE:IRS
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0.99Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a largely positive operational and financial picture: a material accounting-era net income turnaround driven by fair value gains, healthy occupancy across core segments, developing projects progressing on schedule, a strong cash position, conservative LTV and coverage metrics, and proactive capital market activity (reopened bonds, dividend paid). Key risks discussed include weaker tenant real sales (notably textiles), FX volatility impacting interim financials and taxes, slightly higher leverage as the company re-enters an expansion phase, and some short-term margin/occupancy impacts from renovations. Overall, management emphasizes confidence in growth execution while acknowledging macro and timing risks.Company Guidance
Net Income Turnaround and Fair Value Gains
Reported net gain of ARS 248.8 billion for the semester versus a loss in the same period last year; gain in fair value of investment properties of ARS 185 billion this year compared with a loss of ARS 306 billion last year.
Rental Segment Growth (Pesos, Real Terms)
Rental segment revenue increased 4.9% in real pesos year-over-year; segment breakdown: Shopping Malls +2%, Offices +15%, Hotels +44.8%.
Shopping Malls — Revenue and EBITDA Expansion
Shopping malls reported revenue growth (~+4% for the 6-month comparison) and adjusted EBITDA up ~+2% for the 6-month comparison; occupancy near 98% and 84% of mall revenue components are fixed or inflation-adjusted (only 16% variable).
Strong Occupancy Across Portfolio
Office occupancy at 100% (58,000 sqm portfolio, mostly A/A+), malls occupancy ~98%, hotels average occupancy 69% with ADR ~$227 and improving margins.
Solid Cash Position and Conservative Leverage
Company held over $300 million in cash; tapped international market with $180 million reopening of 2035 notes (yield 8.25%); reported net debt to rental EBITDA of 1.6x, LTV ~13%, and coverage ratio ~7x.
Development Pipeline Progress — Distrito Diagonal
Distrito Diagonal (La Plata) construction ~23% complete, ~78% of contracts awarded, on track to open May 2027 and will add ~22,000 sqm GLA; overall GLA expected to reach ~458,000 sqm in coming years with acquisitions/expansions.
Ramblas del Plata Commercialization Momentum
Ramblas del Plata now has 26 plots (~207,000 sellable sqm); sold 2 lots and swapped 13; combined value of deals ~$93 million covering >124,000 sellable sqm; recent swaps (L-1 & J-1) totaled $11.7 million (~4,000 sqm).
New and Repeat Revenue Streams
Launching new workplace (coworking) operations (Philips building) operated by IRSA with plans to replicate; acquisition of former Israelita Hospital for mixed-use redevelopment (land ~8,850 sqm; purchase $6.8 million).
Dividend Return to Shareholders
Completed dividend payments for the year with a dividend yield of 10% in 2025 (approx. $116 million paid during Oct-Nov).
Irsa Inversiones Y Representaciones SA (IRS) Earnings, Revenues Date & History
IRS 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
IRS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 04, 2026 | $16.75 | $16.38 | -2.21% |
Nov 06, 2025 | $13.33 | $13.18 | -1.10% |
Sep 02, 2025 | $13.41 | $13.15 | -1.90% |
May 06, 2025 | $12.91 | $13.14 | +1.77% |
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 Irsa Inversiones Y Representaciones (IRS) report earnings?
Irsa Inversiones Y Representaciones (IRS) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is Irsa Inversiones Y Representaciones (IRS) earnings time?
Irsa Inversiones Y Representaciones (IRS) earnings time is at May 12, 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 IRS EPS forecast?
Currently, no data Available