financetom
Business
financetom
/
Business
/
Sasol Shares Fall After Fiscal 2024 Results Trail Estimates, Final Dividend Skipped
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sasol Shares Fall After Fiscal 2024 Results Trail Estimates, Final Dividend Skipped
Aug 20, 2024 11:22 AM

01:52 PM EDT, 08/20/2024 (MT Newswires) -- Sasol's ( SSL ) shares fell 4.6% in recent Tuesday trading after fiscal full-year results trailed estimates by analysts, and the company omitted a final dividend, citing high debt.

In the 12 months ended June 30, so-called headline earnings per share fell to 18.19 South African rand ($1.02) from 53.75 rand a year earlier, the company said Tuesday.

Analysts polled by Capital IQ expected 40.26 rand.

Revenue, or external turnover, fell to 275.1 billion rand from 289.7 billion a year earlier.

Analysts surveyed by Capital IQ expected 278.4 billion.

Price: 7.22, Change: -0.34, Percent Change: -4.56

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Mexico's Televisa swings to profit in Q1
Mexico's Televisa swings to profit in Q1
Apr 25, 2024
MEXICO CITY, April 25 (Reuters) - Mexico's largest broadcaster Televisa reversed losses in the first quarter with its net profit hitting 951.8 million pesos ($58 million), from the 788.9 million peso loss in the same quarter a year earlier, according to a filing published on Thursday. Company revenues stood at 15.95 billion pesos in the January to March period, down...
Long-time Electrolux CEO Jonas Samuelson to step down next year
Long-time Electrolux CEO Jonas Samuelson to step down next year
Apr 25, 2024
STOCKHOLM, April 25 (Reuters) - Sweden's Electrolux , the world's second-biggest appliances maker, said on Thursday its CEO of eight years Jonas Samuelson will step down on Jan. 1, 2025. Electrolux said in a statement Samuelson had informed the company of his decision to also leave the board, which will now launch a search for a successor. I currently have...
Streaming device maker Roku beats quarterly revenue estimates
Streaming device maker Roku beats quarterly revenue estimates
Apr 25, 2024
(Reuters) -Roku ( ROKU ) beat Wall Street estimates for quarterly revenue and forecast second-quarter sales above estimates on Thursday, buoyed by strong ad sales and the ongoing shift to streaming from cable TV . Shares of the company were flitting between gains and losses in volatile trading after the bell. They were last up about 2%. Roku ( ROKU...
Alphabet Q1 Earnings, Revenue Jump; Shares Surge After Hours
Alphabet Q1 Earnings, Revenue Jump; Shares Surge After Hours
Apr 25, 2024
04:22 PM EDT, 04/25/2024 (MT Newswires) -- Alphabet (GOOG) reported Q1 earnings late Thursday of $1.89 per diluted share, up from $1.17 a year earlier. Analysts polled by Capital IQ expected $1.51. Revenue in the quarter ended March 31 rose to $80.5 billion from $69.8 billion a year earlier. Analysts surveyed by Capital IQ expected $78.7 billion. Shares of the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved