Altron shares took a dive on Tuesday, plunging as much as 14.6% in intraday trade, after the IT group flagged no annual growth in earnings, which reflected the outsized contribution of its recently hived off UK-focused software business.
On Tuesday, Altron said it expects headline earnings per share — the primary measure of profit that strips out certain one-off, no-trading items — of 0c to 13c, a reduction of 100% to 81%, compared with 67c previously...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Big opportunities: CMTrading CEO Daniel Kibel on earnings seasonSPONSORED | CMTrading_FX Earnings season is the period when publicly traded companies release their most recent quarter’s financial information. In short, if they beat analysts' expectations, their stock price is likely to rise.
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