** NRW Holdings NWH.AX slides 11% to A$2.925
** Stock fell as much as 13.9% earlier in the day, marking worst intraday drop since mid-February, 2023
** Mining contractor posts H1 FY25 normalised EPS of 12.8 Australian cents, below Jefferies estimate of 14.7 cents
** Mining segment's H1 FY25 operating margin at 7.9% impacted by heavy rain in Queensland, misses Jefferies 8.9% estimate
** Stock among biggest losers on S&P/ASX 200 .AXJO index
** About 4.1 mln shares traded, 3.4x the 30-day avg
** NWH loses 23.8% YTD
(Reporting by Aaditya Govind Rao in Bengaluru)
((Aaditya.govindrao@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.