Bell Financial Group upgrades earnings guidance
Bell Financial Group has hauled itself further back into the black, announcing a revised upwards earnings guidance to the Australian Securities Exchange (ASX).
The company said it now expected first half 2023 earnings exceed earning in the first half of last year.
The revised financial guidance followed on from the firm’s first quarter pessimism in April when it advised that earnings were down 29%.
It attributed the turnaround in fortunes to solid performances in its Technology and Platforms and Products and Services businesses, together with an increase in completed Equity Capital Markets transactions.
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