Business
Here’s why the Electro Optic (ASX:EOS) share price is down 7% today – The Motley Fool Australia
Electro Optic share price has declined in today’s trading, after the company announced that it will miss its previous earnings guidance.
Electro Optic Systems Holding Ltd(ASX: EOS) shares are falling lower today after the company announced short-term impacts will cause it to miss its previous FY20 earnings guidance. At the time of writing, the Electro Optic share price is down 6.79% to $5.90.
What’s pushing the Electro Optic share price lower?
In October, the defence, space, and communications company had announced that underlying earnings before tax (EBIT) for the full FY20 would come in the range of $20 to $30 million.
Today, the…
-
Noosa News20 hours agoNRL grand final quick hits: Reece Walsh creates magic after avoiding sin bin as Broncos survive Hunt, Reynolds injuries to win premiership
-
General19 hours agoHow the internet reacted to Brisbane Broncos winning the NRL grand final
-
Noosa News11 hours agoNew playground equipment encourages children to learn through ‘risky play’
-
General8 hours agoThree youths in police custody after fire at Ashley Youth Detention Centre in northern Tasmania