Fortescue (ASX:FMG) reported Thursday that its earnings per diluted share in the fiscal first half fell to $0.504 from $1.083 per diluted share a year earlier.
Analysts polled by Visible Alpha were expecting EPS of $0.568.
Revenue for the six months ended Dec. 31, 2024, was $7.64 billion, down from $9.51 billion in the same period a year earlier. Analysts surveyed by Visible Alpha expected AU$7.63 billion.
The technology, metals, and energy group expects fiscal 2025 iron ore shipments of 190 million to 200 million tonnes. For Fortescue Metals, it expects capital expenditure of $3.5 billion to $3.8 billion. For Fortescue Energy, it expects capital expenditure of about $400 million.
The board declared an interim dividend of AU$0.50 per share, down from AU$1.08 a year earlier, payable on March 27 to shareholders on record as of Feb. 27.
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