BlueScope 1H Earnings Beat Expectations -- Market Talk

Dow Jones
02-17

2331 GMT - BlueScope's 1H underlying Ebit is a 5% beat versus consensus, and a 9% lift in Australian Colorbond volumes suggests residential demand may have turned a corner faster than expected, says Citi analyst Paul McTaggart. While 2H underlying Ebit guidance is below consensus of A$443 million, expectations of A$500 million in future annual earnings from growth projects is a positive, McTaggart says. Citi has a buy rating and A$24.00 target on BlueScope. The stock is up 8.5% at A$24.24/share. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

 

(END) Dow Jones Newswires

February 16, 2025 18:31 ET (23:31 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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