0036 GMT - Origin Energy's tax guidance looks high compared to consensus estimates, Jarden says. Origin had previously signaled that FY 2025 tax would be significantly higher than the A$628 million paid in FY 2024. Origin earlier quantified that the annual tax bill would likely be around A$1.0 billion. Analyst Nik Burns says that's some A$324 million higher than consensus forecasts, and expects the market to revise projections for Origin's cash flow in FY 2025 as a result. Origin is down 4.5%. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
January 30, 2025 19:37 ET (00:37 GMT)
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