Australia's SEEK slips as FY27 earnings outlook misses market view
12/08/2026 01:32
BUZZ-Australia's SEEK slips as FY27 earnings outlook misses market view ** Shares of Australia's SEEK SEK.AX fall as much as 17.2% to A$13.300, their worst intraday session since March 23, 2020
** Stock hits its lowest level since July 28
** The online employment marketplace company expects FY27 adjusted profit of A$185 million ($130.68 million) to A$215 million, below Visible Alpha consensus of A$229.5 million
** Forecasts FY27 EBITDA expectation of A$530 million to A$580 million, below VA consensus of A$583.8 million
** Stock down 40.1% YTD, including sessions' moves
($1 = 1.4156 Australian dollars)
(Reporting by Shravya Marakini in Bengaluru)
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Australia's SEEK slips as FY27 earnings outlook misses market view
Australia's SEEK slips as FY27 earnings outlook misses market view
Brief: Seek Ltd Sees FY27 EBITDA Of About A$530M-A$580M