Ingenia Communities (ASX:INA) reported Tuesday that its fiscal half-year diluted earnings rose to AU$0.212 per share, from AU$0.103 per share a year earlier. Analysts polled by Visible Alpha were expecting an EPS of AU$0.131.
Revenue for the six months ended Dec. 31, 2024, was AU$256.9 million, up 21% from AU$211.6 million in the same period last year. The Visible Alpha average estimate was for revenue of AU$240.9 million.
The senior living and holiday communities operator said it is on track to deliver upgraded guidance for the full fiscal year, targeting earnings before interest and taxes of AU$162 million to AU$165 million, up from AU$148 million to AU$155 million. It also targets an underlying EPS of AU$0.29 to AU$0.30, up from AU$0.244 to AU$0.256.
Analysts polled by Visible Alpha were expecting diluted EPS of AU$0.274 for the fiscal year ending June 30 with revenue expected to reach AU$507.3 million.
The board declared an interim dividend of AU$0.052 per share, unchanged from the payout in the previous reported period, payable on March 27 to shareholders on record as of March 3.