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