0149 GMT - Seek's first-half result is potentially higher quality than anticipated by the market even though earnings are slightly lower than the average analyst forecast, E&P analyst Entcho Raykovski says. The Australian job advertiser's December-half Ebitda of A$233.9 million compares with an average forecast of A$231.2 million, although it is in line with Raykovski's forecast. He writes in a note that the company's updated Ebitda guidance is in line with expectations despite some shift in spending from capital expenditure to operating expenses. With yield growth guidance upgraded, Raykovski sees reasons to be positive on the quality of the result. E&P has a last-published positive rating and A$28.30 target price on the stock, which is flat at A$24.23. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 17, 2025 20:49 ET (01:49 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。