BHP Earnings Prediction
The chart below shows how BHP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BHP sees a -4.79% change in stock price 10 days leading up to the earnings, and a -6.39% change 10 days following the report. On the earnings day itself, the stock moves by +0.67%. This data can give you a slight idea of what to expect for the next quarter's release.
BHP Key Earning Data
BHP Earnings Analysis
Positive
Record Iron Ore Production: BHP achieved record production at Western Australia Iron Ore, Spence, and Carrapateena, widening its lead as the lowest cost iron ore producer globally with C1 costs of just $15.84 per ton.
Copper Production Growth: Copper production grew by 9% for the second consecutive year, with an additional 300,000 tons produced annually, making BHP the fastest growing copper producer, with a further 4% growth expected in 2025.
Strong Cash Flow Performance: The company generated over $20 billion in net operating cash flow, maintaining a high baseline of cash flows for 15 of the past 16 years, enabling significant reinvestment and shareholder returns.
Final Dividend Announcement: BHP declared a final dividend of $0.74 per share, bringing total dividends for the year to $7.4 billion, reflecting a strong commitment to returning cash to shareholders.
Jansen Project Growth Potential: The Jansen potash project is ahead of schedule, with Stage 1 expected to begin production in late 2026, indicating strong future growth potential in a key commodity.
Negative
Nickel Operations Suspension: Temporary suspension of Western Australia Nickel operations due to tough market conditions, indicating a significant downturn in the nickel market.
Exceptional Charges Overview: Net exceptional charges of $5.8 billion, including a $2.7 billion non-cash impairment of the Western Australia Nickel Business and a $3.8 billion charge for the Samarco dam failure, highlighting substantial financial losses.
Profit Decline Despite EBITDA Growth: Despite a 4% increase in underlying EBITDA, the total attributable profit dropped to $7.9 billion after accounting for exceptional charges, reflecting a weakened financial position.
Rising Operational Costs: Increased costs of $800 million due to higher maintenance, labor, exploration, and business development expenses, indicating rising operational challenges and inflationary pressures.
Strategic Retreat from Nickel: The decision to suspend operations in the Western Australia Nickel business suggests a strategic retreat from a segment facing significant oversupply and financial losses.
BHP FAQs
How does BHP typically perform around its earnings report dates?
BHP's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -4.79% change leading up to the report and a -6.39% change in the 10 days following the release.
Is BHP Group Limited (BHP) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
BHP Earning Call Sentiment
BHP Group Limited (BHP) Q4 2024 Earnings Call Transcript
BHP.N
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