BUZZ-Australia's Credit Corp hits nine-month low on profit miss
Reuters
Feb 03
BUZZ-Australia's Credit Corp hits nine-month low on profit miss
** Shares of Credit Corp Group CCP.AX fall as much as 11.6% to A$12.63, their lowest level since April 29
** Financial services co reports 1H26 NPAT of A$44.1 million ($30.67 million), missing Jefferies estimates of A$50 million
** Shares on track for steepest one-day fall in a year if current losses hold
** About 325,800 shares change hands, 2x the 30-day average of 166,574
** Stock down 9.3% YTD
($1 = 1.4380 Australian dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.Shaikh@thomsonreuters.com;))
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