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Antofagasta (GB:ANTO)
LSE:ANTO
Earnings Data
Report Date
Aug 14, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.33Last Year’s EPS
0.22Same Quarter Last Year
Moderate Buy
Based on 14 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Feb 18, 2025
|% Change Since: -1.87%
|Next Earnings Date:Aug 14, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial and operational performance in 2024, with robust revenue growth, improved safety and sustainability achievements, and progress on key growth projects. However, challenges in global copper supply, temporary production setbacks, and permit uncertainties at Zaldivar were noted as significant concerns.Company Guidance
During the call, Antofagasta provided guidance for its 2024 fiscal year, highlighting a robust operational and financial performance. The company reported a 5% increase in revenue and an 11% rise in EBITDA, resulting in a margin expansion of 300 basis points to 52%. The balance sheet remained strong, with net debt-to-EBITDA below 0.5 times, allowing Antofagasta to propose a final dividend of $0.235 per share, equating to a 50% payout ratio of net earnings. The company emphasized its focus on copper, projecting medium-term production growth towards 900,000 tonnes, driven by higher grades and new projects like the Centinela Second Concentrator, which will add 170,000 tonnes of copper equivalent production. Antofagasta also highlighted its commitment to sustainability, achieving a record year in safety and progressing on initiatives to reduce emissions and transition to seawater usage.Strong Financial Performance
Revenue and EBITDA grew by 5% and 11%, respectively, with margins increasing by 300 basis points to 52%. A final dividend of $0.235 per share was announced, reflecting a 50% payout ratio on 2024 net earnings.
Safety Achievements
2024 was another fatality-free year with a 40% reduction in high-potential incidents and a high-potential incident-free year at Zaldivar.
Sustainability Progress
Achieved a record year in safety, approaching 30% female representation, and set new decarbonization targets. Progressed on minimizing the use of continental water with desalination initiatives.
Growth Initiatives
Significant progress in growth projects, including the Centinela Second Concentrator project, expected to double Centinela’s gold production and add 170,000 tonnes of additional copper production by 2027.
GB:ANTO 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
GB:ANTO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 18, 2025 | 1815.02p | 1814.03p | -0.05% |
Aug 20, 2024 | 1852.01p | 1852.50p | +0.03% |
Feb 20, 2024 | 1723.76p | 1734.50p | +0.62% |
Aug 10, 2023 | 1559.43p | 1535.65p | -1.52% |
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 Antofagasta (GB:ANTO) report earnings?
Antofagasta (GB:ANTO) is schdueled to report earning on Aug 14, 2025, TBA Not Confirmed.
What is Antofagasta (GB:ANTO) earnings time?
Antofagasta (GB:ANTO) earnings time is at Aug 14, 2025, TBA Not 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 Antofagasta stock?
The P/E ratio of Antofagasta is N/A.
What is GB:ANTO EPS forecast?
GB:ANTO EPS forecast for the fiscal quarter 2025 (Q2) is 0.33.