BUZZ-Australia's IDP Education jumps on outlook upgrade

Reuters
Feb 26
BUZZ-Australia's IDP Education jumps on outlook upgrade

** IDP Education IEL.AX jumps as much as 18.3% to A$5.43; marks biggest intraday pct gain since late August, 2025

** Stock hits highest since February 12

** Co upgrades FY26 adjusted EBIT guidance to A$120 mln ($85.5 mln)-A$130 mln from A$115 mln-A$125 mln earlier

** YTD, IEL down 10.4%

($1 = A$1.4039)

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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