McMillan Shakespeare Rises Even After Posting Lower Fiscal 2025 Normalized Earnings, Higher Revenue; Cuts Dividend

MT Newswires Live

2025/08/29

Shares of McMillan Shakespeare (ASX:MMS) hit a 52-week high Friday even after the company reported late Thursday fiscal 2025 normalized earnings of AU$1.482 per share, down from AU$1.545 a year earlier.

Analysts polled by FactSet expected earnings of AU$1.48.

Normalized revenue for the 12 months ended June 30 was AU$541.6 million, compared with AU$525.8 million a year earlier. Analysts surveyed by FactSet expected AU$545.4 million.

The board declared a final dividend of AU$0.77 per share, down from AU$0.78 a year earlier, payable Sept. 26 to shareholders on record as of Sept. 12.

The company's shares surged 8% in recent Friday trade.

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