Earnings Data
Report Date
Aug 27, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.15Last Year’s EPS
-0.13Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
Mixed/Neutral. The call highlighted clear operational and cash-flow improvements (notably at Nova), strong balance sheet liquidity and constructive early signals from CGP3 plus meaningful resource/reserve optimization upside at Greenbushes. However, these positives are offset by a substantial revenue decline (-31.7%), an underlying net loss, the fully impaired and underperforming Kwinana asset, initial CGP3 commissioning delays and ongoing execution/timing risks at Greenbushes. Management tone was constructive and focused on disciplined capital allocation and operational fixes, but material challenges remain.Company Guidance
Improved Operational Performance at Nova
Nova delivered safer, more stable operations with better production and lower costs; management highlighted strong cash generation from the asset as it approaches end-of-life (end of this year).
Cash Flow and Balance Sheet Strength
Net cash from operating activities was AUD 28 million in H1 FY26 versus an AUD 7 million outflow in H1 FY25 (swing of AUD 35 million). Underlying free cash flow was AUD 29 million. Cash balance of AUD 299 million and AUD 300 million undrawn debt facility maintained.
Underlying EBITDA and Expense Discipline
Underlying EBITDA improved (management cited EBITDA up 15% to AUD 67 million in the period context) and exploration spend was reduced from AUD 30 million to AUD 15 million (a 50% reduction), demonstrating cost discipline.
TLEA / Winfield (Greenbushes) EBITDA Contribution
IGO reported Greenbushes EBITDA of AUD 464 million on a 100% basis (TLEA contribution), and IGO's share of underlying net loss from TLEA improved to AUD 1 million from AUD 20 million in FY25.
CGP3 Early Ramp-Up Indicators Positive
CGP3 experienced early commissioning setbacks in January but showed strong early February progress: management noted a 24-hour run of ~1,000 tonnes, ~60% average recoveries in an early period, and concentrate grades above 5.5–6% — characterized as encouraging early ramp-up signals.
Resource / Reserve Optimization Upside at Greenbushes
Optimization work delivered a tighter open-pit with a materially lower strip ratio and ~10% more metal at surface in the updated reserve/resource snapshot; a newly defined underground resource was disclosed, providing potential longer‑term optionality.
Improved Statutory Result Versus Prior Year
Statutory net loss after tax was AUD 34 million for the half versus a prior corresponding period statutory loss of AUD 782 million (prior year included large impairments), representing a materially improved statutory position.
CH:IDZ 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
FAQ
When does IGO (CH:IDZ) report earnings?
IGO (CH:IDZ) is schdueled to report earning on Aug 27, 2026, Before Open (Confirmed).
What is IGO (CH:IDZ) earnings time?
IGO (CH:IDZ) earnings time is at Aug 27, 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 IGO stock?
The P/E ratio of IGO is N/A.
What is CH:IDZ EPS forecast?
CH:IDZ EPS forecast for the fiscal quarter 2026 (Q4) is 0.15.