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Argosy Property Limited (IGPYF)
OTHER OTC:IGPYF
US Market
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Argosy Property Limited (IGPYF) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
May 20, 2026
TBA (Confirmed)
Period Ending
2026 (Q4)
Consensus EPS Forecast
Last Year’s EPS
0.06
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q4 2026
Earnings Call Date:May 20, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call presents a balanced picture: several positive financial outcomes (modest revenue and distributable income growth, improved interest costs and coverage, portfolio valuation gains, sustainability credentials and completed transactions) are tempered by meaningful headwinds—geopolitical uncertainty, higher vacancy and lease timing risk (notably Neilson Street), constrained development outlook due to anticipated construction cost inflation, and persistent dividend stagnation. Management has taken conservative actions (hedging, dividend policy change, DRP suspension, planned divestments) to shore up the balance sheet. Overall, positives and negatives are roughly balanced.
Company Guidance
Guidance for FY27 was left unchanged at a dividend of $0.0665 per share (Q4 $0.016625), with the DRP suspended and a new dividend policy targeting 80–95% of FFO; FY26 metrics that frame that guidance include gross property income $137.5m (+3.6%), net property income $120.8m (+3.3%), gross distributable income $70.4m (+9.8%), NDI $0.0705/share, FFO $59.1m (+8.3%) or $0.0685/share, and a payout of 97% of AFO (90% of FFO); rent reviews totaled 111 on $81m of rent (72% fixed +3.1% pa, 25% market +4.8% pa, 3% CPI +2.8% pa) with $109m up for review in FY27 (60% fixed); balance sheet metrics include portfolio value $2.2bn (+$94m), debt/total assets 37.2% (now just over 36%), weighted average cost of debt 4.6% (from 5.1%), interest cover 2.7x (bank covenant 2x), 74% fixed-rate cover (added $265m of swaps) and average debt tenor 3.1 years; operational guidance flags minimal development activity, expected construction cost inflation of 10–15%, and—if the Neilson Street lease completes—occupancy improving to 97.2% with WALE ~5.3 years.
Revenue and Net Property Income Growth
Gross property income was $137.5M, up 3.6% year‑on‑year; net property income (NPI) increased 3.3% to $120.8M.
Distributable Income and Per-Share Metrics
Gross distributable income rose 9.8% to $70.4M; net distributable income per share was $0.0705 versus $0.0658 last year, a 7.1% increase.
Funds From Operations (FO/FFO) Improvement
FO increased 8.3% to $59.1M from $54.6M; FO per share rose to $0.0685 from $0.0643 (year‑on‑year improvement).
Portfolio Valuation and Revaluation Gain
Investment property value increased by $94M during the year to a portfolio valuation of $2.2B; included a $4.4M gain on two held‑for‑sale properties.
Balance Sheet and Interest Rate Management
Debt to total assets was 37.2% at 31 March and has fallen to just over 36% post-settlements; weighted average cost of debt improved to 4.6% from 5.1%; interest cover ratio improved to 2.7x from 2.5x; fixed‑rate cover increased to 74% (vs 63% last year).
Completed Acquisitions and Development Completions
Acquired 291 East Tamaki Road and completed capital works including 224 Neilson Street (Warehouse B) and Mt Richmond development; capital spending focused on these projects.
Sustainability Recognition and Green Demand
224 Neilson Street won industrial gold and overall sustainability awards; Mt Richmond achieved a confirmed 6 Green Star rating; strong inquiry for 5–6 star green industrial buildings reported.
Dividend Maintained and Policy Update
Full‑year dividend maintained at $0.0665 per share (Q4 = $0.016625). Board changed dividend policy to target 80%–95% of FFO to support sustainable dividends; DRP suspended this dividend.

Argosy Property Limited (IGPYF) 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

IGPYF Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Dec 02, 2026
2027 (Q2)
- / -
0.021
May 20, 2026
2026 (Q4)
- / -
0.063
Nov 18, 2025
2026 (Q2)
- / 0.02
0.01912.50% (<+0.01)
May 20, 2025
2025 (Q4)
- / 0.06
-0.024359.52% (+0.09)
Nov 20, 2024
2025 (Q2)
0.02 / 0.02
0.02-8.57% (>-0.01)
May 22, 2024
2024 (Q4)
- / -0.02
-0.06361.11% (+0.04)
Nov 29, 2023
2024 (Q2)
0.02 / 0.02
0.023-10.26% (>-0.01)
May 16, 2023
2023 (Q4)
0.02 / -0.06
0.023-370.00% (-0.09)
Nov 22, 2022
2023 (Q2)
0.02 / 0.02
0.023-2.50% (>-0.01)
May 18, 2022
2022 (Q4)
- / 0.02
0.0225.26% (<+0.01)
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

IGPYF Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 18, 2025
$0.67$0.67+1.05%
May 20, 2025
$0.59$0.60+2.39%
Nov 20, 2024
$0.59$0.59-0.51%
May 22, 2024
$0.59$0.58-2.19%
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 Argosy Property Limited (IGPYF) report earnings?
Argosy Property Limited (IGPYF) is schdueled to report earning on May 20, 2026, TBA (Confirmed).
    What is Argosy Property Limited (IGPYF) earnings time?
    Argosy Property Limited (IGPYF) earnings time is at May 20, 2026, TBA (Confirmed).
      Where can I see when companies are reporting earnings?
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          What is IGPYF EPS forecast?
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