0000 GMT - Computershare could beat its full-year EPS guidance amid slower-than-expected interest-rate cuts in the U.S., Morgan Stanley analysts write in a note. They lift their forecasts for so-called management EPS by 3% in fiscal 2025 and by 6% in fiscal 2026, citing U.S. rates and better margin balances. The Australia-listed share-registry provider benefits from higher rates due to interest earned on funds held for dividends. Morgan Stanley now anticipates 10% growth in fiscal 2025 management EPS, which is about 3% ahead of company guidance. MS lifts its target price by 12% to A$31.10 and stays equal-weight on the stock, which is up 1.1% at A$35.17. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 05, 2025 19:00 ET (00:00 GMT)
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