IDP Education (ASX:IEL) reported Thursday fiscal first-half adjusted earnings of AU$0.172 per share, down from AU$0.233 a year earlier.
Analysts polled by FactSet expected earnings of AU$0.11.
Revenue for the six months ended Dec. 31, 2025, was AU$462.2 million, compared with AU$484.1 million a year earlier. Analysts surveyed by FactSet expected AU$439.6 million.
The company upgraded its fiscal 2026 adjusted earnings before interest and taxes guidance to between AU$120 million and AU$130 million from the previous AU$115 million to AU$125 million.
The board declared an interim dividend of AU$0.03 per share, down from AU$0.09 a year earlier, payable March 26 to shareholders on record as of March 5.
IDP Education shares rose 16% in morning trade on Thursday.