Credit Corp Group Limited (AU:CCP) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
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.
