Johns Lyng Can Beat Consensus Hopes on Catastrophe Work -- Market Talk

Dow Jones
2025/04/23
 

2256 GMT - Johns Lyng, which carries out insurance-related repair work, could beat consensus hopes for its earnings as a result of the tropical storm and flooding that struck Australia's Queensland state earlier this year. Jefferies notes that most of the 105,000 claims and A$1.2 billion in insured losses from the extreme weather are home-related claims relevant to Johns Lyng. Jefferies estimates the potential work is worth some A$11 million in Ebitda. That's above the bank's forecast of A$6 million Ebitda from Johns Lyng's Catastrophe unit in FY 2026. "It is too early for Johns Lyng or Jefferies to quantify the exact quantum or timing of this, but provides upside to consensus nonetheless," analyst Tom Chapman says. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

April 22, 2025 18:56 ET (22:56 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

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。

熱議股票

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