Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Altius Minerals Corp (TSE:ALS)
TSX:ALS
Earnings Data
Report Date
Mar 11, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.05Last Year’s EPS
0.06Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -0.85%
|Next Earnings Date:Mar 11, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced outlook with notable strengths in potash and renewable segments, and promising developments in base and battery metals offset by challenges in silicon arbitration and a decrease in net earnings.Company Guidance
During the Q3 2024 earnings call, Altius Minerals reported a decrease in royalty revenue to $16.6 million from $17.8 million in Q3 2023, influenced by higher base metal prices and renewable royalty portfolio growth but offset by lower potash and coal revenues. EBITDA margin for the Mineral Royalties segment fell to 69% from 76% due to increased professional fees. Adjusted operating cash flow was $10.9 million, slightly down from $11.0 million the previous year, while net earnings declined to $3.2 million or $0.06 per share, compared to $3.5 million in Q3 2023. The company also discussed its capital allocation, highlighting an amended credit facility with $225 million available and a $0.09 quarterly dividend. Altius Renewable Royalties announced a go-private transaction with Northampton Capital Partners, expected to close in November, leaving Altius Minerals with 57% ownership.Royalty Revenue Growth
Royalty revenue for Q3, 2024 was $16.6 million, reflecting higher base metal prices, and growth of the renewable royalty portfolio, despite a slight decrease from $17.8 million in Q3, 2023.
Strong Performance in Potash and Renewable Segments
Global potash demand has returned to predicted levels with expectations of setting new records. Altius Renewable Royalties continues to ramp up its revenue profile with new acquisitions and upward revisions to power demand forecasts.
Access to Enhanced Capital
ARR's go-private transaction is expected to provide access to deeper, longer-term focused, and more attractively priced pools of capital.
Positive Developments in Base and Battery Metals
Three royalty projects are nearing construction completion or early ramp-up, with positive exploration results and operational optimizations reported at other sites.
---
TSE:ALS 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
---
TSE:ALS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | C$26.94 | C$26.26 | -2.52% |
| Aug 08, 2024 | C$21.50 | C$21.83 | +1.53% |
| May 08, 2024 | C$21.56 | C$22.04 | +2.23% |
| Mar 11, 2024 | C$18.88 | C$20.23 | +7.15% |
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 Altius Minerals Corp (TSE:ALS) report earnings?
Altius Minerals Corp (TSE:ALS) is schdueled to report earning on Mar 11, 2025, TBA Not Confirmed.
What is Altius Minerals Corp (TSE:ALS) earnings time?
Altius Minerals Corp (TSE:ALS) earnings time is at Mar 11, 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 TSE:ALS EPS forecast?
TSE:ALS EPS forecast for the fiscal quarter 2024 (Q4) is 0.05.
---