tiprankstipranks
Credit Corp Stays Within Earnings Guidance
Company Announcements

Credit Corp Stays Within Earnings Guidance

Credit Corp Group Limited (AU:CCP) has released an update.

Don't Miss Our Christmas Offers:

Credit Corp Group Limited has reported that their underlying NPAT of $81.2 million for FY2024 aligned with the market’s Earnings Guidance of $80-90 million. Despite a reported statutory NPAT of $50.7 million exceeding expectations due to a non-cash accounting gain from a policy change, the company maintains this did not materially affect the market’s expectations or the share price. They assert that any significant variances between expected and actual earnings were promptly addressed in line with ASX guidelines, with no material impact foreseen for future periods.

For further insights into AU:CCP stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskCredit Corp Group Announces AGM Results and Director Re-elections
TipRanks Australian Auto-Generated NewsdeskCredit Corp Group Eyes Growth in Debt Buying and Lending
TipRanks Australian Auto-Generated NewsdeskCredit Corp Faces 2024 Challenges, Eyes Growth in 2025
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App