BSL 0.75% $22.79 bluescope steel limited

Market seeing 5.50eps for FY22, and 3.53eps for FY23, 2.09eps...

  1. 936 Posts.
    lightbulb Created with Sketch. 20
    Market seeing 5.50eps for FY22, and 3.53eps for FY23, 2.09eps for FY24(commsec figures). There is potential for the high pricing environment to hold in Australia and USA well into the FY23 period. Much will depend on BSL HY report due 25 Feb, especially the guidance within. I believe EBIT will come in at top of the guidance range ie near 2.3B and BSL has potential to generate 4.5B EBIT for FY22 and eps above $6, (well above the 5.50 consensus). Nonetheless, their guidance in Feb will mention covid impacts to supply and demand side of business and will temper investor enthusiasm somewhat. The key question is FY23. If pricing holds, the soon the 3.53eps will start to look conservative.
 
watchlist Created with Sketch. Add BSL (ASX) to my watchlist
(20min delay)
Last
$22.79
Change
0.170(0.75%)
Mkt cap ! $10.09B
Open High Low Value Volume
$22.80 $22.81 $22.47 $25.08M 1.104M

Buyers (Bids)

No. Vol. Price($)
1 3777 $22.68
 

Sellers (Offers)

Price($) Vol. No.
$22.81 3777 1
View Market Depth
Last trade - 16.10pm 29/04/2024 (20 minute delay) ?
Last
$22.71
  Change
0.170 ( 0.30 %)
Open High Low Volume
$22.74 $22.81 $22.48 124207
Last updated 15.59pm 29/04/2024 ?
BSL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.