Orica Posts Revenue Miss; Earnings, Payout a Small Beat -- Market Talk

Dow Jones

2024-11-14

0020 GMT - Orica's FY revenue fell short of expectations, but the explosives and chemicals maker notched a small beat on earnings and its dividend, Citi analyst Paul McTaggart says in a note. He calls it a solid result and says Orica's FY2025 outlook is both constructive and in line with growth expectations. Citi has a neutral rating and a A$19.00 target on Orica. The stock is down 3.2% at A$17.00/share. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

November 13, 2024 19:20 ET (00:20 GMT)

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He calls it a solid result and says Orica's FY2025 outlook is both constructive and in line with growth expectations. Citi has a neutral rating and a A$19.00 target on Orica. The stock is down 3.2% at A$17.00/share. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 13, 2024 19:20 ET (00:20 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ORI.AU","symbol_name":"ORICA LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2483862627","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483862627","pubTimestamp":1731543600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0020 GMT - Orica's FY revenue fell short of expectations, but the explosives and chemicals maker notched a small beat on earnings and its dividend, Citi analyst Paul McTaggart says in a note. 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(rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 13, 2024 19:20 ET (00:20 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}