South Africa's Gold Fields H1 headline EPS jumps 81%
South Africa's Gold Fields H1 headline EPS jumps 81%
Overview
South Africa gold producer's H1 headline EPS rose 81% yr/yr
Company declared interim dividend of 1,625 SA cents per share
Additional shareholder returns programme increased by $500 mln to $1.25 bln
Outlook
Gold Fields did not provide specific guidance or forecasts for future quarters or full year in the press release
Result Drivers
HIGHER PRODUCTION - Gold Fields reported increased gold-equivalent production for H1 2026 compared to H1 2025
INCREASED REVENUE PER OUNCE - Revenue per ounce rose to $4,681 in H1 2026 from $3,089 in H1 2025
RISING COSTS - All-in sustaining costs increased to $1,893/oz in H1 2026 from $1,682/oz in H1 2025
Company press release: ID:nJseY0004a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Headline EPS |
| $2.08 |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the gold peer group is "buy"
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 7 three months ago
Reuters Recommended Reads
Aug 23 - China's Zijin Mining half-year profit jumps
Aug 24 - Chinese coal miner Kinetic Development's half-year profit jumps on higher prices
Aug 24 - South Africa's MTN approves $375 million share buyback after profit rise
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)