BUZZ-Australia's Bell Financial hits 2-month high on upbeat earnings forecast

Reuters

2025/01/16

** Shares of Bell Financial BFG.AX rise 3.4% to A$1.375, hitting their highest level since Oct. 2

** Financial services provider expects profit after tax of A$30.7 million ($19.14 million) for fiscal 2024, up 26% from A$24.3 million last year

** Also forecasts full-year 2024 revenue of A$276 mln, up 12% from A$276 mln last year

** Stock set for their best trading session since Nov. 22, if current gains hold

** More than 69,000 shares change hands, nearly the 30-day avg volume

** Bell up 0.8% YTD, including current session's moves

($1 = 1.6041 Australian dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com))

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