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Computershare Limited ( (AU:CPU) ) has issued an announcement.
Computershare Limited reported a 6.7% decrease in revenue to $1.5 billion for the half-year ended December 31, 2024, primarily due to the sale of its US Mortgage Services business. Despite the revenue decline, the company’s profit after tax from continuing operations increased by 24.9% to $286.5 million. This growth was driven by higher core fees, increased event and transactional revenue, and strong performance in issuer services, corporate trust, and employee share plans. The interim dividend was set at AU 45.0 cents per share, with a record date of February 19, 2025, indicating a positive outlook for shareholders.
More about Computershare Limited
Computershare Limited is a global leader in financial administration, providing services in transfer agency, employee equity plans, stakeholder communications, and mortgage and real estate services. The company operates across various international markets with a focus on enhancing corporate governance and shareholder engagement.
YTD Price Performance: 4.73%
Average Trading Volume: 698
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $12.9B
See more data about CPU stock on TipRanks’ Stock Analysis page.
