Successful delivery of iSelect’s key initiatives over the second-half and market growth underpin continued guidance in the previously advised range of $26 million to $29 million in FY18 underlying EBIT.
(8 weeks later) ...
With June historically accounting for the bulk of second half earnings and assuming a similar trajectory as that experienced over the last five weeks, the Company has updated its guidance for FY18 underlying EBIT to be in the range between $8 million to $12 million.
So a circa 70% drop in EBIT ?
Wow. No wonder he resigned.
Sounds like some loose figures being told IMO.
ISU Price at posting:
48.5¢ Sentiment: None Disclosure: Not Held