Perenti (ASX:PRN) reported Monday fiscal first-half earnings of AU$0.059 per diluted share, down from AU$0.077 per diluted share a year earlier.

Analysts polled by Visible Alpha expected AU$0.08.

Revenue for the six months ended Dec. 31, 2024, was AU$1.73 billion, compared with AU$1.63 billion a year earlier. Analysts surveyed by Visible Alpha expected total revenue of AU$1.74 billion.

The company reaffirmed its fiscal 2025 guidance of revenue between AU$3.4 billion and AU$3.6 billion and underlying earnings before interest, taxes, and amortization of AU$325 to AU$345 million. Analysts polled by Visible Alpha expect net earnings of AU$0.15 per diluted share on total revenue of AU$3.48 billion.

The board declared an interim dividend of AU$0.03 per share, up from AU$0.02 in the previously reported period, payable on April 3 to shareholders on record as of March 20.