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ASX Profit Misses Estimates as Attia Prepares to Lead Exchange

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ASX Profit Misses Estimates as Next CEO Attia Prepares to Lead the Stock Exchange ASX Ltd.’s full-year profit missed estimates and costs grew ahead of incoming chief executive officer Anthony Attia’s arrival at the Australian exchange next month. Net income fell 3.5% to A$484.9 million ($342 million) in the 12 months through June, according to a statement Thursday. That compared with the A$509.3 million average estimate in a Bloomberg survey of analysts.

ASX Profit Misses Estimates as Next CEO Attia Prepares to Lead the Stock Exchange ASX Ltd.’s full-year profit missed estimates and costs grew ahead of incoming chief executive officer Anthony Attia’s arrival at the Australian exchange next month. Net income fell 3.5% to A$484.9 million ($342 million) in the 12 months through June, according to a statement Thursday. That compared with the A$509.3 million average estimate in a Bloomberg survey of analysts. Total expenses jumped 21%.
Attia (ORG) Lead Exchange ASX Profit Misses (ORG) Next (ORG) Attia Prepares (PERSON) Anthony Attia’s (PERSON) Australian (ORG) Bloomberg (ORG)
Originally published by Bloomberg Markets Read original →