Origin's Maiden Earnings Guidance for Energy Markets in Focus
Dow Jones08-04 07:49
2349 GMT - Origin Energy's maiden guidance for earnings from its Energy Markets in FY 2027 could be higher than investors expect. Still, Morgan Stanley says Origin and rival power generator AGL are its least-preferred stocks among Australian utilities because of lower wholesale electricity prices. MS expects Origin's Energy Markets business to achieve Ebitda of A$1.688 billion in FY 2027. That's above consensus forecasts for A$1.627 billion. It would also represent a broadly in-line outcome with FY 2026 where MS projects Energy Markets Ebitda of A$1.683 billion. Origin is due to report its FY 2026 result on Aug. 13.
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