HUB24 Posts Higher Earnings in Fiscal H1 as Revenue Rises

MT Newswires Live
18 Feb

Hub24 (ASX:HUB) reported Tuesday that its earnings per diluted share in the fiscal first half rose to AU$0.3975, from AU$0.2570 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting EPS of AU$0.386.

Underlying EPS rose 41% year over year to AU$0.51. Analysts surveyed by Visible Alpha expected an operating EPS of AU$0.516.

Revenue for the six months to Dec. 31, 2024, was AU$195.2 million, up 25% from AU$156.7 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected AU$190.4 million.

The investment firm raised its Platform funds under administration target to a range of AU$123 billion to AU$135 billion for fiscal 2026, from AU$115 billion to AU$123 billion.

The board declared an interim dividend of AU$0.24 per share, up from the AU$0.185 in the previously reported period, payable on April 15 to shareholders on record as of March 18.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10