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SEEK has presented its FY25 guidance and trading update, highlighting its focus on the Asia-Pacific region.
Read MoreSEEK has presented its FY25 guidance and trading update, highlighting its focus on the Asia-Pacific region.
Read MoreSeek (ASX:SEK) was always likely to report a weak result for 2023-24, with the company getting in early and flagging write-downs and losses from investments in Asia. So the 10 per cent drop on Tuesday after the lower figures emerged seems to have been an overreaction.
Read MoreShares of the online employment giant, Seek (ASX:SEK), took a dive of 10% during early trading as investors swiftly expressed disapproval of its interim results reflecting the repercussions of a sluggish labour market.
Read MoreSeek shares withstood an initial selloff yesterday after the company cut guidance because of a fall in job advertising – closing down 0.95% after sliding more than 7% in early dealings.
Read MoreA further flurry of earnings reports released Tuesday, including from wagering group Tabcorp Holdings, car dealer Peter Warren, online jobs market Seek and property giant Stockland.
Read MoreAnother busy ASX trading session on Tuesday with news aplenty, and here’s the latest from Kerry Stokes’ Seven West Media, HR firm Seek Ltd and logistics giant Goodman Group.
Read MoreOutperform maintained. Target is lowered to $36.90 from $38.50.
Read MoreThe broker downgrades to Underperform from Neutral. Target price falls to $19 from $32.
Read MoreThe broker retains its Neutral rating and $32 target.
Read MoreThe broker estimates margin upside will be constrained by an investment pull-forward and retains a Hold rating. The target price rises to $32.33 from $31.73.
Read MoreHold retained and target price rises to $29.64 from $27.14.
Read MoreStrong results and increased dividends from SEEK, Ansell and Monadelphous weren’t enough to satisfy the market, with each company’s shares falling in Tuesday’s ASX session.
Read MoreRecruitment group Seek has confirmed the long-awaited bonus dividend for shareholders and upgraded its outlook based on the performance of its Australasian job ads businesses.
Read MoreShares in recruitment group Seek sold off on a basket of news yesterday: no dividend + new CEO and Chairman + flat earnings = shares down 7%.
Read MoreSeek’s announcement in early November on phasing out job ad templates will help the company lift depth penetration, suggests UBS, and reminds the broker of the strategy followed by REA Group ((REA)) and Domain Holdings Australia ((DHG)).
Read MoreOnline recruitment group Seek was another leading company (like IAG last Friday and Downer EDI, also yesterday) to confirm previously announced write-downs, losses, and impairments, and no final dividend.
Read MoreOnline jobs group, Seek has made the early decision to drop its final dividend for the 2019-20 financial year to allow it to build up its financial reserves for the coming financial year.
Read MoreSeek has guided to FY20 being slightly ahead of Credit Suisse’s estimates, expecting operating earnings (EBITDA) of $410m.
Read MoreInvestors treated the shares of Seek, the jobs group, nicely yesterday despite the company signaling a big round of asset impairments, an after-tax loss and casting doubt on the final dividend for the 2019-20 financial year.
Read MoreThe company has signalled the upcoming changes to contract structure, effective July 1. Concessions will cease and recruiters/corporates on subscriptions will transfer back to minimum dollar commitments.
Read MoreSeek was another company yesterday to withdraw its earnings guidance and postpone the payment of dividends because of the COVID-19 pandemic.
Read MoreOnline jobs listing provider Seek has slashed its interim dividend after warning about the potential fallout from the coronavirus crisis which is worsening outside of China.
Read MoreOnline jobs listing and employment services group sprang a major surprise on investors yesterday by revealing plans to rejig its dividend payout policy that could very well see the company reward shareholders with smaller payments in coming years.
Read MoreFor some odd reason shares in online employment services group Seek rose yesterday, despite the company warning of a possible dip in full-year earnings because it was stepping up investment in early-stage ventures.
Read MoreWhile Online jobs site Seek told the market yesterday that expects to report full-year earnings and revenue at the top end of its guidance range – despite revealing three significant items totalling $142 million – investors just didn’t believe the positive spin and sent the shares down 9% at one stage.
Read MoreAustralian job classifieds website business Seek has lifted dividend one cent a share to 24 cents a share after reporting perkier interim results yesterday for the first half of 2017-18.
Read MoreThose hard to please investors were up to it again yesterday selling off shares in jobs group, Seek, despite an improved earnings guidance upgrade at yesterday’s annual meeting
Read MoreOn line jobs and education group, SEEK (SEK) has reaffirmed its full-year profit guidance, but says it expects its struggling education arm will damage those results to the tune of a $24 million blob of red ink.
Read MoreOnline jobs group, SEEK is looking at a 10% boost to earnings this financial year after reporting its strongest domestic full-year revenue growth in five years in the year to June.
Read MoreInvestors didn’t take kindly to the update and news of a move deeper into the Brazil and Asian labour markets yesterday from jobs website group, Seek.
Read MoreThe stockmarket listing of education business IDP and strong revenue growth across its Australian and international businesses have contributed to an apparent surge in the first-half profit for recruitment group, SEEK (SEK).
Read MoreSeek (SEK) shares fell heavily yesterday after it revealed problems with a key NSW contract in its latest trading update.
Read MoreThe ageing of jobs and education search group Seek (SEK), from hot online growth stock, to mature online giant continued yesterday when the market turned its back on what seems to have been a reasonable interim result.
Read MoreJobs search website group SEEK (SEK) said yesterday that while it had been enjoying better-than-expected trading conditions so far this financial year, the improvement wasn’t enough to cause it to lift earnings guidance for 2014-15.
Read MoreDespite an upbeat profit update and presentation to the Macquarie Australia conference in Sydney yesterday, shares in online jobs group, SEEK (SEK), ended just 1% lower at $17.13, after falling by 2% in early trading.
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