LEI 1.67% $20.71 leighton holdings limited

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  1. 3,605 Posts.
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    Last years outlook statement was for at least 20% profit growth. They acheived close to 35%.

    This year, their outlook is for at least 15% profit growth.
    With current analyst forecasts around the 20% mark, I dont think anyone is going to see this as a negative.

    Profit exceeds expections.

    Work in hand exceeds expectations.

    A capital raising has already been partially factored into the price, plenty of recent rumours hinting at it.

    This market may well push the price down a little, but that will just create a great buying opportunity, imo.
 
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