OceanaGold (TSE:OGC)

TSX:OGC

OGC

OceanaGold

RESEARCH TOOLSreports

OceanaGold (OGC) Earnings Dates, Call Summary & Reports

257 Followers

Earnings Data

Report Date

Apr 23, 2026

Before Open (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

1.61

Last Year’s EPS

0.59

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 8 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Feb 18, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call emphasized strong operational delivery, record financial results, a strengthened balance sheet with zero debt, aggressive capital returns, and a material step-up in growth and exploration spending. Management provided constructive 2026 guidance (higher production, lower AISC) and concrete development/exploration milestones (Waihi North permits, Haile and Macraes studies). Notable near-term headwinds include increased share-based compensation, accounting-driven cash cost uplift (~$70/oz), single-digit labor inflation and site-specific cost pressure at Didipio. On balance, positive operational momentum, strong cash generation, and meaningful shareholder returns outweigh the identified challenges.

Company Guidance

OceanaGold’s 2026 guidance targets a 12% increase in gold production (midpoint) versus 2025 with a 7% reduction in all‑in sustaining costs, led by a 35% production jump and ~25% unit cost decline at Haile (Haile Q4 2025 = 56,000 oz; company expects >200,000 oz/yr from 2026–2031 in the updated plan); Macraes is expected to be broadly flat (Macraes Q4 = 56,000 oz; Q4 AISC < $1,300/oz) with a five‑year extension to 2032 at a $2,200/oz study price; Waihi (Q4 ≈22,000 oz) and Didipio (Q4 ≈24,000 oz and ~3,200 t Cu) should sustain or slightly improve output and AISC (Didipio aided by higher copper by‑product credits). Growth and exploration capital will ramp materially — exploration capital up 2.5x to $340M (management also referenced ~50% higher exploration spend), funding Waihi North early works, Palomino underground at Haile and a Wharekirauponga program (>30 holes targeting >300,000 oz reserves in H1 and eight holes targeting ~150,000 oz inferred in H2). The Board has tripled the quarterly dividend and doubled the share buyback (up to $432M of 2026 capital returns, +112% y/y) while maintaining zero debt and $477M cash after record 2025 free cash flow of $543M (Q4 FCF $259M); studies use a conservative $2,200/oz assumption (illustrative allocation slide used $4,700/oz).

Delivered on 2025 Guidance and Strong Operational Execution

Met full-year production, all-in sustaining cost (AISC) and capital guidance; all four sites increased gold production in Q4 2025 and every site met guidance for the year.

Record Financial Performance

Set multiple records in 2025 including record annual adjusted EBITDA (~$1.0 billion), EBITDA margins, net profit, adjusted earnings per share (roughly doubled YoY), operating cash flow and free cash flow (annual free cash flow $543 million).

Exceptional Free Cash Flow Quarter

Generated record Q4 free cash flow of $259 million — exceeding the total free cash flow generated in all of 2024 in a single quarter.

Strong Balance Sheet and Liquidity

Ended the quarter with cash of $477 million (up 42% from prior quarter), zero debt, and no gold hedges, prepays or financing royalties — described as the strongest balance sheet in the company's history.

Material Shareholder Returns

Returned just over $200 million to shareholders in 2025 (doubled quarterly dividend and increased share buyback) and announced 2026 capital returns of up to $432 million (112% increase YoY) via a tripled quarterly dividend and doubled buyback.

Compelling 2026 Guidance (Midpoint)

2026 guidance projects ~12% higher gold production vs. 2025 and ~7% lower AISC at the midpoint; Haile expected to drive growth with ~35% higher production and ~25% lower unit cost in 2026.

Significant Exploration and Growth Investment

Planned exploration/growth capital up materially — exploration capital planned up 2.5x to $340 million (management also cited a 50% increase in exploration spend), accelerating Waihi North development, commencing Palomino underground at Haile and increased drilling across assets.

Site-specific Operational Metrics

Q4 site production: Haile 56,000 oz, Macraes 56,000 oz, Waihi ~22,000 oz, Didipio ~24,000 oz and 3,200 t copper. Macraes Q4 AISC under $1,300/oz. Updated technical reports for Haile and Macraes scheduled for end of March with positive outlooks (Haile >200k oz/yr 2026–2031 at updated plan; Macraes life extension to 2032 at $2,200/oz).

OceanaGold (TSE:OGC) 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

Daily Earnings Calendar >

TSE:OGC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 23, 2026	2026 (Q1)	1.61 / -	0.586	―	―	―
Feb 18, 2026	2025 (Q4)	1.40 / 1.23	0.628	95.56% (+0.60)
Nov 05, 2025	2025 (Q3)	0.58 / 0.56	0.377	48.15% (+0.18)
Aug 06, 2025	2025 (Q2)	0.58 / 0.71	0.167	325.00% (+0.54)
May 07, 2025	2025 (Q1)	0.37 / 0.59	0.042	1300.00% (+0.54)
Feb 19, 2025	2024 (Q4)	0.58 / 0.63	0.042	1400.00% (+0.59)
Nov 06, 2024	2024 (Q3)	0.37 / 0.38	-0.015	2554.55% (+0.39)
Jul 30, 2024	2024 (Q2)	0.18 / 0.17	0.377	-55.56% (-0.21)
Apr 30, 2024	2024 (Q1)	0.07 / 0.04	0.209	-80.00% (-0.17)
Feb 22, 2024	2023 (Q4)	0.09 / 0.04	0.167	-75.00% (-0.13)

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

TSE:OGC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 18, 2026	C$52.03	C$52.03	0.00%
Nov 05, 2025	C$30.85	C$31.62	+2.49%
Aug 06, 2025	C$19.69	C$21.72	+10.30%
May 07, 2025	C$15.15	C$17.06	+12.57%

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 OceanaGold (TSE:OGC) report earnings?

OceanaGold (TSE:OGC) is schdueled to report earning on Apr 23, 2026, Before Open (Confirmed).

What is OceanaGold (TSE:OGC) earnings time?

OceanaGold (TSE:OGC) earnings time is at Apr 23, 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 TSE:OGC EPS forecast?

TSE:OGC EPS forecast for the fiscal quarter 2026 (Q1) is 1.61.