BUZZ-New Hope set for steepest weekly fall after Jefferies warns of weaker FY26 outlook

Reuters

11/21

BUZZ-<a href="https://laohu8.com/S/NHPEF">New Hope</a> set for steepest weekly fall after Jefferies warns of weaker FY26 outlook

** Shares of Australia's New Hope Corp NHC.AX fall 10.4% to A$3.835 so far this week, on track for its biggest weekly slide since late February 2024

** Stock falls 4.6% on the day

** New Hope's first-quarter ROM coal production of 3.9 million tonnes missed Jefferies' estimates by 14%

** Jefferies attributes it to ongoing wet-weather remediation

** Brokerage adds that FY26 guidance is a "soft one" as it is 11% below Jefferies' estimates and falls short of Visible Alpha's estimates by 4%

** NHC down 22.7% YTD

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))

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12:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-<a href=\"https://laohu8.com/S/NHPEF\">New Hope</a> set for steepest weekly fall after Jefferies warns of weaker FY26 outlook</title></head><body><p>** Shares of Australia's <a href=\"https://laohu8.com/S/NHC.AU\">New Hope Corp</a> <span>NHC.AX</span> fall 10.4% to A$3.835 so far this week, on track for its biggest weekly slide since late February 2024</p><p>** Stock falls 4.6% on the day</p><p>** New Hope's first-quarter <span>ROM coal production</span> of 3.9 million tonnes missed Jefferies' estimates by 14%</p><p>** Jefferies attributes it to ongoing wet-weather remediation</p><p>** Brokerage adds that FY26 guidance is a \"soft one\" as it is 11% below Jefferies' estimates and falls short of Visible Alpha's estimates by 4% </p><p>** NHC down 22.7% YTD</p><p>(Reporting by Keshav Singh Chundawat in Bengaluru)</p><p>((Keshav.singhchundawat@thomsonreuters.com))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2111349929.HKD","symbol_name":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251121:nL6N3WX0AL:1","article_id":"2585196837","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585196837","pubTimestamp":1763699965,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-New Hope set for steepest weekly fall after Jefferies warns of weaker FY26 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