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Sandfire Resources Limited (AU:SFR)
:SFR
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.17Last Year’s EPS
-0.13Same Quarter Last Year
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 19, 2019
|% Change Since: 10.43%
|Next Earnings Date:Aug 30, 2018
Earnings Call Sentiment|Positive
The earnings call presented a strong performance in copper production and financial metrics, with significant improvements in revenue and EBITDA. The Motheo mine exceeded expectations, and MATSA showed resource growth potential. However, MATSA faced production challenges and infrastructure issues. While there are concerns about rising costs, the company's strategic advancements and operational successes indicate a primarily positive outlook.Company Guidance
During the Sandfire Resources Q4 2024 earnings call, CEO Brendan Harris detailed the company's strong operational performance and future guidance, highlighting several key metrics. The company reported a 47% increase in group copper equivalent production to 133,500 tonnes for FY '24, closely aligning with their annual guidance. For Q4 alone, production reached 37,200 tonnes, a 12% increase from the previous quarter. Financially, Sandfire achieved an unaudited sales revenue of approximately $935 million and an underlying group EBITDA of around $360 million, with notable margins of 44% at MATSA and 57% at Motheo. The company's net debt position improved to $396 million from $481 million at the end of Q3, aided by deferred capital expenditure of $14 million at Motheo. Looking ahead to FY '25, Sandfire plans to grow copper equivalent production by another 13% while managing local inflationary pressures, and its exploration activities are set to intensify, with a focus on sustaining mining and processing rates and optimizing future production.Increased Copper Production
Sandfire Resources reported a 47% increase in group copper equivalent production to 133,500 tonnes for FY '24, aligning closely with their annual guidance.
Financial Performance Improvement
The company recorded unaudited sales revenue of approximately $935 million and underlying group EBITDA of approximately $360 million for FY '24. The net debt position improved significantly to $396 million from $481 million at the end of the March quarter.
Motheo Performance
Motheo mine outperformed expectations with a 29% increase in copper equivalent production in the quarter to 15,100 tonnes. It achieved a 6.4% beat on annual guidance.
Optimistic Outlook for MATSA
Sandfire Resources announced a 9% increase in mineral resources and a 6% increase in ore reserves at MATSA, replacing depletion and setting the stage for future growth.
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AU:SFR 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:SFR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Aug 28, 2024 | AU$8.82 | AU$8.55 | -3.06% |
| Feb 22, 2024 | AU$7.62 | AU$7.30 | -4.20% |
| Aug 30, 2023 | AU$6.51 | AU$6.69 | +2.76% |
| Feb 27, 2023 | AU$5.80 | AU$5.88 | +1.38% |
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 Sandfire Resources Limited (AU:SFR) report earnings?
Sandfire Resources Limited (AU:SFR) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Sandfire Resources Limited (AU:SFR) earnings time?
Sandfire Resources Limited (AU:SFR) earnings time is at Feb 19, 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 Sandfire Resources Limited stock?
The P/E ratio of Sandfire Resources Limited is N/A.
What is AU:SFR EPS forecast?
AU:SFR EPS forecast for the fiscal quarter 2025 (Q2) is 0.17.
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