Education
About Us
Working with TipRanks
Follow Us
Anglogold Ashanti PLC (AU)
NYSE:AU
Earnings Data
Report Date
May 08, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
2.26Last Year’s EPS
0.88Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operational and financial picture driven by a much higher gold price, record free cash flow, large reserve additions (notably Arthur), improved earnings and a transformed balance sheet. Management emphasized disciplined capital allocation and shareholder returns while also investing heavily in organic growth and project development. Notable challenges include cost inflation and higher royalties, localized production setbacks (Iduapriem, Sunrise Dam), a one-off stoppage at Siguiri, and permitting/community considerations for Arthur. Overall, the positive achievements (record cash generation, reserves, earnings, safety and balance sheet leverage) materially outweigh the operational and cost headwinds.Company Guidance
Record Free Cash Flow and Quarterly Cash Generation
Generated record free cash flow of $2.9 billion in 2025 (almost 3x the $956 million in 2024); Q4 free cash flow exceeded $1 billion (more than 3x Q4 last year). Cash flow was described as almost $3 billion, up ~204% year-on-year.
Strong Earnings and EBITDA Expansion
Adjusted EBITDA rose 129% to $6.3 billion; basic/ headline earnings materially increased (headline earnings cited up 186% and basic earnings reported at $2.6 billion vs ~$1.0 billion in 2024).
Balance Sheet Strength and Net Cash Position
Transformed balance sheet: moved from $567 million net debt at end-2024 to net cash (reported as ~$879 million net cash / 'almost $1 billion' entering 2026). Liquidity of $4.4 billion (including $2.9 billion cash & equivalents and undrawn facilities).
Shareholder Returns — Record Dividends
Declared an $875 million Q4 dividend; total dividends for 2025 reported at a record ~$1.8 billion (USD 3.57 per share). Quarterly base payout policy of $0.125/share plus annual true-up to 50% of free cash flow applied, with an extra $350 million top-up during the year.
Material Production Growth and Asset Contributions
Group production increased ~16% to 3.1 million ounces in 2025; managed operations production up ~19% to 2.8 million ounces. Obuasi produced 266,000 ounces (up 20% YoY). Inclusion of Sukari's first full-year consolidation was a major contributor to volume and cash flow.
Reserve Additions and Exploration Success
Added 10 million ounces of new reserves (more than 3x depletion); Nevada (Arthur) added first-time reserves of 4.9 million ounces. Over recent years ~23 million ounces added at an average cost of ~$47/oz.
Arthur (Nevada) — District-Scale Discovery and Attractive Project Economics
Arthur (Merlin) initial probable reserve 4.9 million oz (88 Mt @ 1.75 g/t). PFS highlights: ~4.5 million oz production over 9 years, average ~0.5 Moz/yr (peaking near 0.8 Moz early years), estimated cash cost ~$780/oz, AISC ~$950/oz, initial capex ~$3.6 billion; PFS returns >20% at long-term prices and significant upside from further resource growth.
Safety and Operating Discipline
Achieved lowest-ever total recordable injury frequency rate (TRIFR) of 0.97 injuries per million hours worked — described as a record and enabler of operational excellence and improved plant uptime.
Portfolio Optimization
Completed sale of Serra Grande (Dec 1, 2025) to sharpen focus on core assets; continued organic growth programs (aim to add 10–15% of current production ~300k–450k oz over 3 years via Obuasi, Sukari, Geita, Siguiri, Cuiabá).
AU 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
AU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 20, 2026 | $107.63 | $114.25 | +6.15% |
Nov 11, 2025 | $73.34 | $78.54 | +7.09% |
Aug 01, 2025 | $45.11 | $47.56 | +5.43% |
May 09, 2025 | $40.72 | $43.57 | +7.00% |
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 Anglogold Ashanti PLC (AU) report earnings?
Anglogold Ashanti PLC (AU) is schdueled to report earning on May 08, 2026, Before Open (Confirmed).
What is Anglogold Ashanti PLC (AU) earnings time?
Anglogold Ashanti PLC (AU) earnings time is at May 08, 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 AU EPS forecast?
AU EPS forecast for the fiscal quarter 2026 (Q1) is 2.26.