McMillan Shakespeare Rises Even After Posting Lower Fiscal 2025 Normalized Earnings, Higher Revenue; Cuts Dividend
MT Newswires Live
Aug 29, 2025
Shares of McMillan Shakespeare (ASX:MMS) hit a 52-week high Friday even after the company reported late Thursday fiscal 2025 normalized earnings of AU$1.482 per share, down from AU$1.545 a year earlier.
Analysts polled by FactSet expected earnings of AU$1.48.
Normalized revenue for the 12 months ended June 30 was AU$541.6 million, compared with AU$525.8 million a year earlier. Analysts surveyed by FactSet expected AU$545.4 million.
The board declared a final dividend of AU$0.77 per share, down from AU$0.78 a year earlier, payable Sept. 26 to shareholders on record as of Sept. 12.
The company's shares surged 8% in recent Friday trade.
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