Irsa Inversiones Y Representaciones (DE:IRY)
NYSE:IRY
Earnings Data
Report Date
Sep 08, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
―Last Year’s EPS
1.63Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial picture: solid occupancy and rental performance across shopping malls, offices and hotels; significant net result improvement and healthy dollar EBITDA; meaningful progress on strategic development projects (Zetta expansion, Ramblas) and conservative leverage metrics. Key risks highlighted include a 10% drop in tenant sales in real terms, macro-driven valuation volatility from inflation/currency dynamics, potential for higher interest and tax costs, and near-term consumption weakness. On balance, the positive operational momentum, strong project pipeline and low leverage outweigh the macro and consumption headwinds.Company Guidance
Strong Net Result and Profitability
9-month net result of ARS 239.7 billion versus ARS 46.5 billion in the prior year (≈+416%), driven by positive fair value adjustments, debt remeasurement gains and stronger operating results.
Rental Adjusted EBITDA Momentum
Rental adjusted EBITDA reached approximately $151 million (USD) for the 9-month period and management expects a record high rental EBITDA by fiscal year end.
Shopping Mall Resilience
Shopping mall GLA increased to ~373,000 sqm with occupancy near 98%; segment revenues grew ≈2.5% and adjusted EBITDA ≈2.2% in the period. Fixed components (base rent, key money, parking, advertising) now account for ~87% of mall revenues, supporting resiliency.
Office Portfolio Strength and Strategic Expansion
Office portfolio shows solid performance (premium offices mostly A+/A) with high occupancy (CFO noted 100% occupancy earlier). Zetta building expansion will increase GLA (current ~32,000 sqm for Zetta to exceed ~47,500 sqm) with ~72% of the new space committed to Mercado Libre, underpinning future cash flows.
Hotels Recovery
Hotel segment performed very well: Buenos Aires hotels reached ~74% occupancy and segment rental adjusted EBITDA rose ~37% year-over-year, helped by tourism and corporate events; Llao Llao occupancy impacted by renovation but improves when excluding rooms under construction.
Ramblas del Plata Development Progress & Land Transactions
Ramblas masterplan construction overall ~23% complete and Phase 1 ~52% complete; recent land swaps/sales combined value ≈$105 million with two recent swaps for $11.3 million, IRSA to receive ~25,000 sellable sqm from swaps executed and ~13,000 sellable sqm transacted (IRSA share ≈3,700 sqm) in those two lots.
Conservative Leverage & Liquidity
Net debt to rental EBITDA at 1.4x and LTV low at 11.3%; company tapped international markets in Dec (additional $180M issued) and retains capacity for planned CapEx and development.
Irsa Inversiones Y Representaciones SA (DE:IRY) Earnings, Revenues Date & History
DE:IRY 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
DE:IRY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | €12.80 | €12.50 | -2.34% |
Feb 04, 2026 | €14.30 | €13.70 | -4.20% |
Nov 06, 2025 | €11.03 | €11.12 | +0.82% |
Sep 02, 2025 | €11.21 | €11.21 | 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 Irsa Inversiones Y Representaciones (DE:IRY) report earnings?
Irsa Inversiones Y Representaciones (DE:IRY) is schdueled to report earning on Sep 08, 2026, After Close (Confirmed).
What is Irsa Inversiones Y Representaciones (DE:IRY) earnings time?
Irsa Inversiones Y Representaciones (DE:IRY) earnings time is at Sep 08, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is the P/E ratio of Irsa Inversiones Y Representaciones stock?
The P/E ratio of Irsa Inversiones Y Representaciones SA is N/A.
What is DE:IRY EPS forecast?
Currently, no data Available