IDP Education Posts Lower Fiscal H1 Earnings, Revenue

MT Newswires Live
02-27

IDP Education (ASX:IEL) reported Thursday that its earnings per diluted share in the fiscal first half fell to AU$0.2134 from AU$0.3483 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting an EPS of AU$0.241.

Revenue for the six months ended Dec. 31, 2024, was AU$475.4 million, down from AU$579.1 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected AU$493.5 million.

The education services provider expects international student volumes to decline by 20% to 30% in fiscal 2025 versus a year earlier.

The board declared an interim dividend of AU$0.09 per share, down from the AU$0.25 in the previously reported period, payable on March 27 to shareholders on record as of March 6.

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