Business
Charter Hall (ASX:CHC) share price flat on upgraded earnings guidance
The Charter Hall Group (ASX: CHC) share price remains flat today despite the company announcing an upgraded earnings guidance.
During late-afternoon trade, the property company’s shares are unchanged from yesterday’s closing price of $14.13.
What did Charter Hall announce?
Investors are indecisive by the company’s market update, leaving Charter Hall shares unmoved for the day.
According to its release, Charter Hall advised that it expects post-tax operating earnings security to increase more than 57 cents. This represents a 6% growth on distribution per security when compared against FY20.
The group noted that the upgraded guidance is provided that there is no material change in current trading conditions. Furthermore, the…
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