The earnings call presented a mix of positives and negatives. While Sherritt International successfully managed costs and completed strategic financial transactions to strengthen its position, the company faced significant production challenges in Cuba and was adversely affected by low nickel prices. The revised production guidance for nickel and cobalt indicates ongoing difficulties, although cost-saving measures are a proactive step toward resilience.

Company Guidance -

Q3 2025

During the Sherritt International Corporation's second quarter 2025 earnings call, the company provided guidance on various metrics, indicating adjustments and strategies in response to ongoing challenges. The company revised its nickel production guidance from 31,000-33,000 tons to 27,000-29,000 tons and cobalt production from 3,300-3,600 tons to 3,000-3,200 tons for 2025, citing difficult operating conditions in Cuba and limited third-party feed opportunities. Despite these challenges, Sherritt managed an 8% year-over-year reduction in net direct cash costs, reaching $5.27 per pound of nickel sold. The Moa Joint Venture expansion is on track, with commissioning activities for Phase 2 expected to complete in mid-August, aiming to improve mixed sulphides production. Additionally, Sherritt implemented significant cost reduction measures, projecting $20 million in annual savings, and successfully closed debt and equity transactions to extend financial flexibility, with the revolving term credit facility extended to April 2027.

Cost Management Success

Despite lower production, net direct cash costs were reduced by 8% year-over-year, achieving effective cost management and benefiting from higher byproduct credits.

Debt and Equity Transactions

Successfully closed debt and equity transactions to strengthen capital structure, extend note maturities, and provide a 6-year runway to navigate the current nickel price downturn.

Significant Cost Reductions

Implemented cost reductions expected to yield $20 million in annual savings, in addition to $17 million in savings from the previous year's initiatives.

Sherritt International (TSE:S) 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

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TSE:S Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	-0.05 / -	-0.03	―	―	―
Jun 30, 2025	2025 (Q2)	-0.07 / -0.06	-0.03	-100.00% (-0.03)	―	―
May 13, 2025	2025 (Q1)	-0.05 / -0.06	-0.06	0.00% (0.00)	―	―
Feb 05, 2025	2024 (Q4)	-0.01 / -0.03	-0.07	57.14% (+0.04)	―	―
Oct 30, 2024	2024 (Q3)	-0.04 / -0.03	-0.05	40.00% (+0.02)	―	―
Jul 29, 2024	2024 (Q2)	-0.03 / -0.03	0	―	―	―
May 08, 2024	2024 (Q1)	-0.10 / -0.06	0.03	-300.00% (-0.09)	―	―
Feb 07, 2024	2023 (Q4)	-0.07 / -0.07	-0.02	-250.00% (-0.05)	―	―
Nov 01, 2023	2023 (Q3)	-0.04 / -0.05	0.03	-266.67% (-0.08)	―	―
Jul 26, 2023	2023 (Q2)	0.05 / 0.00	0.17	―	―	―

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:S Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jun 30, 2025	C$0.14	C$0.15	+7.14%
May 13, 2025	C$0.14	C$0.14	0.00%
Feb 05, 2025	C$0.20	C$0.20	0.00%
Oct 30, 2024	C$0.19	C$0.19	0.00%

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 Sherritt Int'l Corp (TSE:S) report earnings?

Sherritt Int'l Corp (TSE:S) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Sherritt Int'l Corp (TSE:S) earnings time?

Sherritt Int'l Corp (TSE:S) earnings time is at Oct 29, 2025, After Close (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:S EPS forecast?

TSE:S EPS forecast for the fiscal quarter 2025 (Q3) is -0.05.

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