BHP Group to Report Full-Year Earnings

1 Mins read

BHP Group, the world’s largest miner by market value, is set to announce its full-year earnings before the Australian market opens on Tuesday. Let’s take a look at the key details:

Profit Forecast

According to 15 analyst forecasts compiled by Visible Alpha, BHP is expected to report a net profit of $13.30 billion for the year ended June 30. This is a significant decrease from the $30.90 billion profit recorded in the previous year, which was due to the sale of its petroleum business and favorable commodity prices.

Revenue Forecast

Visible Alpha estimates that BHP will record a total revenue of $54.36 billion for the 12-month period, compared to the $65.10 billion revenue reported in the previous year.

What to Watch For


Analysts at Visible Alpha suggest a total cash dividend of around $1.72 per share for fiscal 2023. This is a decrease from the record $3.25 per share paid out in the previous year. BHP has a policy of paying at least 50% of underlying attributable profit to shareholders.


With an increased focus on exploration and projects, investors will be eager for updates on BHP’s pipeline. This includes any developments regarding an expansion of its Australian iron-ore operations and the progress of its Jansen potash development in Canada.

Related posts

Your Social Security Checks are Safe

2 Mins read
Don’t worry, the impending federal government shutdown will not put your monthly Social Security checks in jeopardy. This is certainly a relief…

European Stocks Experience Decrease

1 Mins read
The European stock market saw a decline on Friday, with the Stoxx Europe 600 index finishing down 0.31% at 453.26. Individual Index…

Positive Results for Cancer-Drug Combination in Bladder Cancer Study

1 Mins read
A recent Phase 3 study conducted by Merck & Co., Seagen, and Astellas Pharma has achieved its primary goals in certain patients…

Leave a Reply

Your email address will not be published. Required fields are marked *