Wow, an impressive announcement. I would expect a significant re-rating.
GrainCorp Limited (GrainCorp or the Company) (ASX: GNC) today upgraded its FY21 earnings guidance. The range for FY21 Underlying EBITDA1 has been raised to $310-$330 million2 (previously $255-$285 million) and FY21 Underlying NPAT3 to $125-$140 million (previously $80-$105 million) 4 . GrainCorp will report its final FY21 results on 11 November 2021. GrainCorp’s upgraded earnings guidance remains subject to several market variables including the timing of grain exports, the strength of the new crop and prevailing weather conditions.
Thats why the price has jumped in recent days.
Wow, an impressive announcement. I would expect a significant...
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Last
$7.84 |
Change
-0.060(0.76%) |
Mkt cap ! $1.742B | |||
| Open | High | Low | Value | Volume |
| $7.93 | $7.93 | $7.83 | $6.072M | 771.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2278 | $7.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.86 | 24995 | 4 |
View Market Depth
| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| GNC (ASX) Chart |