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Evolution Mining Limited (AU:EVN)
ASX:EVN
Australian Market

Evolution Mining (EVN) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Aug 19, 2026
Before Open (Confirmed)
Period Ending
2026 (Q4)
Consensus EPS Forecast
0.5
Last Year’s EPS
0.29
Same Quarter Last Year
Moderate Sell
Based on 12 Analysts Ratings

Earnings Call Summary

Q2 2026
Earnings Call Date:Aug 13, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The call was strongly positive overall: the company reported substantial improvements in production, a marked acceleration in cash generation (large increases in underlying and reported cash flow), meaningful balance sheet repair (cash balance near $1 billion, gearing down to 6%, no near-term debt), and successful project execution (Cowal OPC ahead of schedule, Mungari commercial). The main negatives were a significant weather-related disruption at Ernest Henry that will modestly reduce FY26 copper and gold volumes, a small uptick in recordable injuries at specific sites, and some mill capacity constraints that limit immediate upside without incremental capital or higher-return feed. Management reiterated disciplined capital allocation, progressive shareholder returns, and continued focus on high-return project opportunities, leaving the tone constructive and confident.
Company Guidance
Management reiterated FY26 group production guidance of 710,000–780,000 oz gold and 70,000–80,000 tonnes copper (with copper now expected at the low end after Ernest Henry’s extreme rain event, which is estimated to reduce FY26 by ~7,000–8,000 oz gold and ~4,000–5,000 t copper), and updated group all‑in sustaining cost guidance to $1,640–$1,760/oz (a ~6% improvement on original guidance) driven by cost control and higher by‑product credits; cash generation has accelerated materially — underlying group cash flow rose 176% to $541m (~$2,800/oz after normalizing for the FY25 tax payment), reported cash flow was up 110% to $412m, operating cash flow rose 57% to just over $1.0bn and net mine cash flow doubled to $727m — and the company said it is on track to deliver almost $4.0bn of operating cash flow (≈40% above August guidance), to be net cash this year with a cash balance of $967m, no debt until FY29 and gearing down to 6% (from 11% in Sep and 30% two years ago); site highlights cited included Cowal generating $361m operating cash flow at ~$4,500/oz (and $284m net cash), Mungari net mine cash flow of $104m (up 142%) and an annualized mill run‑rate of 4.1 Mt, and Red Lake producing 33,000 oz with $80m net mine cash flow for the quarter.
Strong production and low continuing AISC
Produced 191,000 oz gold and 18,000 t copper in the December quarter for continuing operations. All-in sustaining cost (continuing ops) was a low $1,275/oz. Gold production improved 10% and AISC improved 26% versus the prior comparable period.
Material cash flow acceleration
Underlying group cash flow improved 176% to $541 million (≈$2,800/oz when normalizing for FY25 annual tax timing). Reported cash flow rose 110% to $412 million. Operating cash flow increased 57% to just over $1.0 billion and net mine cash flow doubled to $727 million.
Cowal exceptional cash generation
Cowal delivered $361 million of operating cash flow at ~$4,500/oz and $284 million of net cash in the quarter (equating to >$3 million per day) and is cited as having at least 16 more years of life.
Mungari ramp-up and record cash performance
Mungari moved to commercial production, achieved an annualized mill run-rate of ~4.1 Mtpa and delivered record net mine cash flow of $104 million (a 142% improvement for the quarter). Mungari quarterly AISC reported around $1,980/oz with a go‑forward expectation in the low $2,000s once at steady 50,000 oz quarterly run-rate.
Red Lake delivering steady production and cash
Red Lake produced 33,000 oz in the quarter, is settling into a targeted 30k–40k oz per quarter rhythm, doubled net mine cash flow to $80 million for the quarter and has delivered >$200 million net cash in the past 18 months.
Balance sheet improvement and capital flexibility
Cash balance increased to $967 million after repaying $110 million and paying $116 million in net dividends. No debt due until FY29. Gearing reduced to 6% (from 11% at September and ~30% two years ago) and management expects to be net cash this year.
Guidance maintained and improved cost outlook
Group production guidance unchanged at 710,000–780,000 oz gold and 70,000–80,000 t copper. Group AISC guidance updated to $1,640–$1,760/oz, a 6% improvement on original guidance reflecting continued cost control and stronger by-product credits (partially offset by Ernest Henry impacts).
Project and portfolio progress
Cowal OPC project ahead of schedule and on budget; Mungari progressed to commercial production and Castle Hill haul road sealing completed. Studies for E22 (Northparkes) and Ernest Henry growth options are complete and proceeding to the board for assessment.

Evolution Mining (AU:EVN) 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

AU:EVN Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 19, 2026
2026 (Q4)
0.49 / -
0.29
Aug 13, 2025
2026 (Q2)
0.40 / 0.38
0.19396.89% (+0.19)
Aug 12, 2025
2025 (Q4)
0.28 / 0.29
0.16872.62% (+0.12)
Feb 11, 2025
2025 (Q2)
0.15 / 0.19
0.085127.06% (+0.11)
Aug 13, 2024
2024 (Q4)
0.14 / 0.17
0.043290.70% (+0.13)
Feb 13, 2024
2024 (Q2)
0.08 / 0.09
0.06139.34% (+0.02)
Aug 16, 2023
2023 (Q4)
0.14 / 0.04
0.12-64.17% (-0.08)
Feb 15, 2023
2023 (Q2)
0.08 / 0.06
0.05510.91% (<+0.01)
Aug 17, 2022
2022 (Q4)
0.10 / 0.12
0.0771.43% (+0.05)
Feb 16, 2022
2022 (Q2)
0.08 / 0.06
0.137-59.85% (-0.08)
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:EVN Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 13, 2025
AU$7.88AU$7.83-0.62%
Aug 12, 2025
AU$7.58AU$7.88+3.91%
Feb 11, 2025
AU$6.06AU$6.13+1.14%
Aug 13, 2024
AU$3.67AU$3.91+6.57%
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 Evolution Mining Limited (AU:EVN) report earnings?
Evolution Mining Limited (AU:EVN) is schdueled to report earning on Aug 19, 2026, Before Open (Confirmed).
    What is Evolution Mining Limited (AU:EVN) earnings time?
    Evolution Mining Limited (AU:EVN) earnings time is at Aug 19, 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 the P/E ratio of Evolution Mining Limited stock?
          The P/E ratio of Evolution Mining is N/A.
            What is AU:EVN EPS forecast?
            AU:EVN EPS forecast for the fiscal quarter 2026 (Q4) is 0.5.