Earnings Alerts

South32 Ltd (S32) Earnings: FY Underlying Profit Surpasses Estimates Significantly

  • South32’s underlying profit for the fiscal year is $380 million, surpassing the estimate of $355.8 million.
  • Underlying Earnings Before Interest, Taxes, Depreciation, and Amortization (Ebitda) is reported at $1.80 billion, higher than the estimated $1.62 billion.
  • The underlying Ebitda margin stands at 22.8%.
  • South32’s underlying revenue totals $8.30 billion.
  • Worsley Alumina contributes $1.36 billion to the underlying revenue.
  • Brazil Alumina’s underlying revenue is reported at $484 million.
  • Hillside Aluminium’s underlying revenue reaches $1.72 billion.
  • The final dividend per share is set at 3.1 cents.
  • Analyst recommendations include 12 buys, 6 holds, and 3 sells.

A look at South32 Ltd Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth2
Resilience3
Momentum3
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

South32 Ltd, a diversified metals and mining company, appears to have a positive long-term outlook based on its Smartkarma Smart Scores. With a strong Value score of 4, the company seems to offer solid value compared to its peers. However, its Dividend and Growth scores of 2 indicate a more moderate performance in these areas. While the Resilience and Momentum scores of 3 suggest a decent level of resilience and momentum in the company’s operations.

Operating globally, South32 Ltd produces a range of metals including alumina, aluminum, coal, manganese, nickel, silver, lead, and zinc. Despite some mixed scores in different areas, the company’s overall outlook seems promising, especially in terms of value. Investors may find South32 Ltd to be an attractive investment option with potential for long-term growth and stability in the metals and mining sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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