History Suggests Another Beat Likely From Goodman -- Market Talk

Dow Jones05-09

0043 GMT - One reason why Macquarie expects Goodman to beat its upgraded profit view: history. Goodman now expects operating EPS to increase 13% in FY 2024, up from prior guidance for 11% growth. In a note, Macquarie highlights that Goodman upgraded its guidance at the 3Q update over the past three years and has beaten guidance at its annual result in each of the past six years. Macquarie forecasts Goodman's operating EPS to rise 14% and sticks with its outperform call on the stock. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

May 08, 2024 20:43 ET (00:43 GMT)

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Goodman now expects operating EPS to increase 13% in FY 2024, up from prior guidance for 11% growth. In a...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MQG.AU","symbol_name":"Macquarie","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2434891050","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2434891050","pubTimestamp":1715215380,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0043 GMT - One reason why Macquarie expects Goodman to beat its upgraded profit view: history. 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