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Redox Limited Clarifies Earnings Alignment with Market Expectations

Story Highlights
  • Redox Limited did not publish earnings guidance for the half year ended 31 December 2024.
  • The company’s actual earnings were closely aligned with market expectations based on analyst forecasts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Redox Limited Clarifies Earnings Alignment with Market Expectations

Redox Limited ( (AU:RDX) ) has provided an announcement.

Redox Limited, a company listed on the ASX under the ticker RDX, has responded to an ‘Aware Letter’ from ASX Compliance regarding its earnings for the half year ended 31 December 2024. The company clarified that it did not publish earnings guidance for this period and that its earnings were not materially different from market expectations based on key financial metrics such as Group Revenue, Gross Profit, EBITDAFX, Profit Before Tax, and Profit After Tax. Redox uses a consensus estimate methodology based on forecasts from five sell-side analysts to assess market expectations, and the company’s actual earnings were closely aligned with these estimates.

More about Redox Limited

YTD Price Performance: -35.61%

Average Trading Volume: 503,992

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$1.51B

For a thorough assessment of RDX stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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