Australia's Zip Co shares sink after missing first-half earnings estimate

Zip Co

19/02/2026 01:16

Feb 19 (Reuters) - Shares of Australia's Zip Co ZIP.AX fell by their most in more than nine years on Thursday after the buy now, pay later services provider missed expectations for first-half operating earnings.

The company posted cash operating earnings of A$124.3 million ($87.61 million) for the six months ended December 31, below the Visible Alpha consensus of A$128.4 million.

($1 = 1.4188 Australian dollars)

 (Reporting by Sneha Kumar in Bengaluru; Editing by Subhranshu Sahu)

 ((Sneha.Kumar@thomsonreuters.com;))