BHP Group (BHP) FY22 Earnings and Revenues Increase Y/Y

Published on 16 Aug 2022 on Zacks via Yahoo Finance

BHP Group (BHP) FY22 Earnings and Revenues Increase Y/Y

BHP Group BHP reported a record underlying attributable profit of $23.8 billion for fiscal 2022 (ended Jun 30, 2022), up 39% from the last fiscal year’s tally, reflecting a strong production performance and savings from its cost-control efforts as well as higher coal and copper prices.

Earnings per American Depositary Share (ADS) were $9.41 in fiscal 2022, up from $6.75 in fiscal 2021 and also higher than the Zacks Consensus Estimate of $7.53. Underlying earnings per share were $4.71 compared with $3.38 in the prior fiscal year. BHP’s each American Depositary Share represents two fully-paid ordinary shares.

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BHP Group (BHP) FY22 Earnings and Revenues Increase Y/Y

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