Hi uawkn,
Yep, that appears to be what ARB are saying. Even if you were to back out the entire $9.8m of covid support received in Q1 as pure profit (which it ain't), they are still forecasting 1H/2021 EBIT of $60m - $62m, which equates to EBIT of approx $0.76 cps, up from approx $0.43 for the corresponding period or around 76%.
This profit growth should go some way to justify the high P/E ARB currently trades at...
Hi uawkn,Yep, that appears to be what ARB are saying. Even if...
Add ARB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$37.63 |
Change
-0.100(0.27%) |
Mkt cap ! $3.098B | |||
| Open | High | Low | Value | Volume |
| $38.05 | $38.35 | $37.59 | $5.088M | 134.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 273 | $37.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.77 | 167 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ARB (ASX) Chart |