Deneb Investments Limited Provides Earnings Guidance for the Six Months Ended September 30, 2016
Deneb Investments Limited provided earnings guidance for the six months ended September 30, 2016. For the period, the company expects earnings per share (EPS) will be between 30.9% and 50.9% lower and headline earnings per share will be between 43.8% and 63.8% lower than reported in the prior period. Earnings per share will be between 1.1 cents and 1.5 cents compared to 2.2 cents a year ago. Headline earnings per share will be between 0.9 cents and 1.5 cents compared to 2.6 cents a year ago. Core HEPS, excluding the effect of the foreign exchange adjustments, is expected to be between 235.5% and 255.5% higher than the corresponding period in a range between 3.7 and 3.9 cents per share.