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Champion Iron Ltd. (AU:CIA)
ASX:CIA
Earnings Data
Report Date
May 21, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.16Last Year’s EPS
0.06Same Quarter Last Year
Strong Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 29, 2025
|% Change Since: 4.14%
|Next Earnings Date:May 21, 2025
Earnings Call Sentiment|Neutral
The earnings call indicates a challenging quarter with operational disruptions and financial performance below expectations. However, strategic partnerships and future cost-saving measures present potential for recovery and growth.Company Guidance
During Champion's Q3 FY2025 conference call, several key metrics and updates were highlighted. The company produced over 3.6 million tonnes and sold just under 3.3 million tonnes, despite a 14-day shipping disruption. The C3 Freight Index decreased by nearly 20%, which is expected to benefit future quarters. Champion reported revenues of $363 million with an EBITDA of $88 million, although EPS missed consensus due to a $21 million non-cash exchange rate impact. The realized selling price was affected by spot pricing exposure, but future contracts for high-grade DR material are anticipated as the flotation plant nears completion. Operating costs were approximately CAD79 per tonne, while cash reserves fell from $180 million to $90 million, partly due to a $52 million dividend and $70 million investment in the flotation plant. The company's net debt increased, largely due to $100 million in mobile equipment financing. Looking ahead, Champion expects improvements in logistics and aims to reduce stockpiles, with its flotation plant and Kami project as key growth initiatives.Record Mine and Haul
Achieved a record quarter in terms of waste mined and hauled, indicating successful investments in mining equipment.
Kami Project Partnership
Signed an agreement with Nippon Steel and Sojitz for a 30% and 19% stake respectively, valuing the project at CAD500 million.
C3 Freight Index Decrease
The C3 Freight Index decreased by just short of 20%, anticipated to benefit future quarters.
No Significant Environmental Issues
Reported no significant environmental issues during the quarter.
Community and Sustainability Initiatives
Continued partnerships and consultations with First Nations and Newfoundland communities.
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AU:CIA 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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AU:CIA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 29, 2025 | AU$5.56 | AU$5.55 | -0.18% |
| Oct 30, 2024 | AU$5.79 | AU$5.76 | -0.52% |
| Jul 30, 2024 | AU$5.92 | AU$6.17 | +4.15% |
| May 30, 2024 | AU$6.71 | AU$6.79 | +1.16% |
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 Champion Iron Ltd. (AU:CIA) report earnings?
Champion Iron Ltd. (AU:CIA) is schdueled to report earning on May 21, 2025, TBA Not Confirmed.
What is Champion Iron Ltd. (AU:CIA) earnings time?
Champion Iron Ltd. (AU:CIA) earnings time is at May 21, 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 the P/E ratio of Champion Iron Ltd. stock?
The P/E ratio of Champion Iron Ltd. is N/A.
What is AU:CIA EPS forecast?
AU:CIA EPS forecast for the fiscal quarter 2025 (Q4) is 0.16.
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