2302 GMT - Ord Minnett analyst Milo Ferris is shrugging off Cosol's disappointing FY 2025 earnings guidance. The enterprise asset management software company forecast revenue of A$118 million to A$121 million and Ebitda of A$16.3 million to A$16.7 million. At the midpoint, the guidance was 3.3% and 6.4% below Ord Minnett's forecasts, respectively. Still, Ferris says Cosol's momentum entering the fiscal year appears positive. Revenue growth is expected to be in the high-single-digit percentage range as higher value contracts are locked in. "This appears conservative in our view," Ferris says. The bank retains a buy call on Cosol, which ended Thursday at A$0.655/share. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
June 05, 2025 19:03 ET (23:03 GMT)
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