South32 (SOUHY) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 20, 2026

TBA (Confirmed)

Period Ending

2026 (Q4)

Consensus EPS Forecast

0.57

Last Year’s EPS

0.31

Same Quarter Last Year

Analyst Consensus

―

Based on 0 Analysts Ratings

Earnings Call Summary

Q2 2026

Earnings Call Date:Feb 11, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed a predominantly positive operational and financial position: strong H1 financial results (USD 1.1bn underlying EBITDA, 28.2% margin), a very low net debt position (USD 25m), maintained production guidance, active growth project progress (Taylor, Hermosa, Sierra Gorda, Ambler) and meaningful shareholder returns (USD 175m dividend + capital program increase). However, material near-term negatives — notably the Mozal power-driven care-and-maintenance decision, operational instability at Brazil aluminium, and execution/approval uncertainties on key projects (Sierra Gorda fourth grinding line and some Hermosa shaft issues) — temper the outlook. On balance, the positive financial performance, strong balance sheet and clear project momentum outweigh the operational challenges and asset-specific setbacks.

Company Guidance

The company reiterated that FY‑26 production unit guidance is unchanged across operated assets and flagged upside from commodity price tailwinds and a planned drawdown of Mozal inventories expected to boost H2 cash generation; H1 results included underlying EBITDA of USD 1.1 billion, group operating margin 28.2%, underlying earnings growth of USD 435 million and net debt of USD 25 million, and the board announced a fully‑franked H1 dividend of USD 175 million plus a USD 100 million increase to the USD 2.6 billion capital management program (USD 209 million remaining to return). Major project and capital guidance: Taylor/Hermosa spend to date ~USD 1 billion (~48% of scheduled budget), bench shaft 56% complete (459/824 m) and main shaft 41% (370/898 m), with a project milestone and capex assessment due H2 FY‑26 and federal records of decision for Taylor/Clark/Peake expected in H1 FY‑27; Sierra Gorda’s fourth grinding line feasibility is nearing completion with an independent review and potential joint FID mid‑calendar 2026 and a Catabela Northeast exploration target of ~1.1–2.9 billion tonnes, plus ~110 million tonnes of oxide stockpile (~0.38% Cu) being evaluated; Cannington saw a cited 28% ore reserve uplift (noted as moving from 3 Mt to 13 Mt) increasing ~2 years of life, an underground resource of ~45 Mt, and planned capital of ~USD 65–80 million over FY27–28 for ventilation/shaft works; Mozal is being placed into care and maintenance with ongoing care cost ~USD 5 million p.a. and closure/rehab ~USD 119 million, current pot run‑rate ~565 of 710 pots (~80% capacity) and plant power demand ~940 MW, while Alcoa’s revised restart guidance cited ~135,000 t in FY‑26 and ~140,000 t in FY‑27 versus ~179,000 t capacity.

Strong Financial Results

Underlying EBITDA of USD 1.1 billion, group operating margin of 28.2%, and growth in underlying earnings of USD 435 million. Net debt of USD 25 million at period end, indicating a strong balance sheet and cash position.

Shareholder Returns and Capital Management

Declared a fully franked ordinary dividend of USD 175 million for H1 FY26 and increased the USD 2.6 billion capital management program by USD 100 million, with USD 209 million remaining to be returned to shareholders.

Production Guidance Maintained

FY'26 production unit guidance unchanged across operated assets, reflecting confidence in safe and reliable operating performance and ability to capture higher commodity prices.

Safety Performance Improvement

Further significant improvement in significant hazard frequency and reductions across lagging safety indicators, demonstrating better hazard awareness and proactive reporting culture.

Project Progress — Taylor and Hermosa

Advanced construction of the large-scale Taylor zinc-lead-silver project and continued Hermosa execution: total spend to date just over USD 1 billion (~48% of schedule). Bench shaft ~56% complete (459m of 824m) and main shaft ~41% complete (370m of 898m). Process plant foundations and cable trays progressing well; draft EIS previously issued and final EIS expected in H2 FY26 with federal permits for Taylor, Clark and Peake expected in H1 FY27.

Cannington Ore Reserve Increase and Optionality

Announced a 28% increase in the underground ore reserve and highlighted further potential growth via underground and open pit development options. Underground resource ~45 million tonnes and management expects to spend ~USD 65–80 million across FY27–FY28 on ventilation, electrical and shaft infrastructure to enable life extension.

Sierra Gorda Exploration and Growth Potential

Defined an exploration target at Catabela Northeast adjacent to the Catabela pit ranging from 1.1 to 2.9 billion tonnes (exploration target reported), supporting potential mine life extension. Feasibility study for Sierra Gorda's fourth grinding line nearing completion with an independent review and potential joint final investment decision mid-calendar 2026.

Ambler and Broader Growth Pipeline

Pursuing further growth in copper and zinc, including Ambler Metals JV in Alaska and continued high-grade copper exploration at Peake supporting potential connectivity across the Hermosa complex.

South32 (SOUHY) 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

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SOUHY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 20, 2026	2026 (Q4)	0.57 / -	0.312	―	―	―
Feb 11, 2026	2026 (Q2)	0.15 / 0.48	0.415	15.66% (+0.07)
Aug 27, 2025	2025 (Q4)	0.30 / 0.31	0.4	-22.00% (-0.09)
Feb 12, 2025	2025 (Q2)	0.31 / 0.41	0.04	937.50% (+0.38)
Aug 28, 2024	2024 (Q4)	0.25 / 0.40	0.4	0.00% (0.00)
Apr 22, 2024	2024 (Q1)	- / -	0.74	―	―	―
Feb 15, 2024	2024 (Q2)	- / -	0.74	―
Feb 14, 2024	2023 (Qnull)	0.52 / 0.04	0.74	-94.59% (-0.70)	―	―
Aug 23, 2023	2023 (Q4)	0.51 / 0.40	1.7	-76.47% (-1.30)
Feb 16, 2023	2023 (Q2)	0.78 / 0.74	1.1	-32.73% (-0.36)

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

SOUHY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 11, 2026	$16.56	$16.12	-2.67%
Aug 27, 2025	$9.30	$8.69	-6.65%
Feb 12, 2025	$10.47	$10.93	+4.47%
Aug 28, 2024	$10.04	$10.11	+0.67%

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 South32 Limited (SOUHY) report earnings?

South32 Limited (SOUHY) is schdueled to report earning on Aug 20, 2026, TBA (Confirmed).

What is South32 Limited (SOUHY) earnings time?

South32 Limited (SOUHY) earnings time is at Aug 20, 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 SOUHY EPS forecast?

SOUHY EPS forecast for the fiscal quarter 2026 (Q4) is 0.57.