South32 (ASX:S32) reported Thursday that its earnings per diluted share in the fiscal first half rose to $0.08 from $0.012 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting EPS of $0.079.

Revenue for the six months ended Dec. 31, 2024, was $3.12 billion, up 25% from $2.51 billion in the same period a year earlier. Analysts surveyed by Visible Alpha expected $3.44 billion.

The mining firm said its production guidance for fiscal 2025 remains unchanged but lowered its capital expenditure guidance for the year to $895 million from $990 million.

The board declared an interim dividend of $0.034 per share, down from the $0.004 in the previous reported period, payable on March 7 to shareholders on record as of April 3.