REH 2.51% $27.37 reece limited

"Last year the EPS on the statutory result was $0.45 cents per...

  1. 16,915 Posts.
    lightbulb Created with Sketch. 8380
    "Last year the EPS on the statutory result was $0.45 cents per share. This year the EPS on the statutory result has fallen back to $0.36 cents per share. The EPS for 2019 using the normalised profit figure is $0.42. So, at this stage, the acquisition isn't proving EPS accretive."

    @gragou02 ,

    Taking an EPS figure at face value, without full regard for the determinants of that EPS figure is, I think, a risky proposition during the normal course of events, but it is inordinately more the case when that EPS figure is the inaugural one following a major merger such as the one that has occurred here.

    Under a less conservative set of financial managers and auditors, the normalised EPS number could easily have been reported as 50cps.

    .
 
watchlist Created with Sketch. Add REH (ASX) to my watchlist
(20min delay)
Last
$27.37
Change
0.670(2.51%)
Mkt cap ! $17.68B
Open High Low Value Volume
$26.98 $27.54 $26.70 $8.973M 328.0K

Buyers (Bids)

No. Vol. Price($)
2 826 $27.26
 

Sellers (Offers)

Price($) Vol. No.
$27.38 1620 1
View Market Depth
Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
REH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.