Austal Shares Plunge Over 23% After Flagging $17.1 Million Overstatement In Fiscal Year 2026 EBIT Guidance

MT Newswires Live
02/13

Austal's (ASX:ASB) shares fell over 23% in recent trading on Friday after the firm said in a filing late on Thursday that an overstatement of around $17.1 million had been included in its fiscal year 2026 earnings before interest and taxes (EBIT) guidance.

It updated its EBIT guidance for fiscal year 2026 to around AU$110 million.

The firm identified that some incentives related to its towing, salvage, and rescue ship (T-ATS) program were recognised by its US unit, Austal USA, in line with the percentage of completion. However, these incentives had already been recognized in Austal USA's forecast at full value for the remaining part of the program.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10