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Region Group (SCPAF)
OTHER OTC:SCPAF
Earnings Data
Report Date
Aug 18, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.06Last Year’s EPS
0.06Same Quarter Last Year
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial performance: earnings and AFFO grew, portfolio metrics (occupancy, specialty vacancy, comparable NOI and sales) were resilient, AUM and NTA increased, and management secured favorable debt funding and strong hedging which reduces near-term rate risk. Headwinds included a modest rise in average debt costs, elevated leasing incentives and costs to lease Mosaic-origin vacancies, flat renewal spreads driven by a small number of renewals, and the fact that guidance does not assume further buybacks. Overall, the positive operational and capital management outcomes outweigh the manageable challenges.Company Guidance
FFO and AFFO Growth
Funds from operations (FFO) for H1 FY26 was $0.079 per security, up 3.9% vs Dec 2024. Adjusted FFO (AFFO) and distribution per security were $0.069, with AFFO up 3.0% vs Dec 2024 and distributions paid at a 100% AFFO payout ratio.
Upgraded FY26 Earnings Guidance
Management upgraded FY26 guidance to FFO of $0.16 per security (from $0.159), representing ~3.2% growth on FY25. AFFO guidance was also increased (management noted AFFO growth ~2.9% on FY25).
Strong Operational Performance and Portfolio Metrics
Comparable NOI growth of 3.7% in H1; comparable MAT (sales) growth of 3.1% p.a.; portfolio occupancy improved to 97.7% (up 20 bps since June '25); specialty vacancy improved to 4.5% (from 5.4%); average specialty rent $930/sqm with annualized growth ~5% since Dec 2022.
Leasing Momentum
Completed 177 specialty leasing deals with an average leasing spread of 3.4% (new leases averaged ~7% spread; renewals broadly flat). Average annual fixed rent reviews rose to 4.3% (from 3.9% in Dec '23), applied to ~96% of specialty/kiosk tenants.
Balance Sheet Strength and Hedging
Total assets under management (AUM) $5.4bn, up 3.9% since June '25; NTA per security $2.56, up 3.6% since June '25; gearing at 32.7% (lower end of target range); 100% of FY26 debt hedged/fixed at an average rate of 2.89% with average hedged fixed rate ~3% over next 3 years (FY27 hedged 87%, FY28 hedged 70%).
Successful Capital Markets Transaction
Issued AUD 300m 6-year medium-term note in Nov 2025 with a 3.6x oversubscribed order book and favorable borrowing margin of 1.22%, proceeds used to repay bank debt and improve funding mix.
Active Capital Deployment and Buybacks
On-market buyback activity: 6.7m securities purchased in H1 at average price $2.39 (~$16m); since program start 8.9m securities bought for ~$21m. Development and capital deployment: $32m spent in H1, FY26 forecast spend ~$65m (increase driven by several center expansions).
Strategic Acquisitions and Funds Management Growth
Settled Treendale Home & Lifestyle Center for $53m at a ~6.4% initial yield (strategically adjacent to existing center). Metro Fund AUM grew to $752m (up 5.7% since June '25) with additional acquisitions (Dalyellup and West Village strata purchases) supporting funds management income growth.
SCPAF 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
SCPAF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 09, 2026 | $1.40 | $1.40 | 0.00% |
Aug 18, 2025 | $1.69 | $1.69 | 0.00% |
Feb 10, 2025 | $1.33 | $1.33 | 0.00% |
Aug 12, 2024 | $1.83 | $1.83 | 0.00% |
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 Region Group (SCPAF) report earnings?
Region Group (SCPAF) is schdueled to report earning on Aug 18, 2026, TBA (Confirmed).
What is Region Group (SCPAF) earnings time?
Region Group (SCPAF) earnings time is at Aug 18, 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 SCPAF EPS forecast?
SCPAF EPS forecast for the fiscal quarter 2026 (Q4) is 0.06.