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BUZZ-Australia's Computershare hits record high on raising annual earnings outlook

Reuters
Feb 12, 2025
BUZZ-Australia's Computershare hits record high on raising annual earnings outlook

** Shares of Australian share registry provider Computershare CPU.AX rise 10% to their record high of A$39.57

** CPU top gainer in the ASX200 benchmark index .AXJO, which is down 0.2% as of 2330 GMT

** CPU on Tuesday hiked annual EPS view to 135 Australian cents per share, up 15% from last year; the previous view was for a 7.5% growth

** 1H25 net income nearly doubled to A$287.8 million ($181.08 million); it missed Visible Alpha consensus of A$311.2 million

** Declares interim dividend of 45 Australian cents apiece, up 12.5% from last year

** CPU stock up 14.1% this year, including the current session's moves

($1 = 1.5893 Australian dollars)

(Reporting by Manasi Dasa Sundeep in Bengaluru)

((Manasi.DasaSundeep@thomsonreuters.com;))

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