Moneyweb expects 675% decrease in headline earnings

2016-02-11 07:19
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Cape Town – JSE-listed Moneyweb will likely report a decrease of between 675% and 696% in headline earnings per share for the six month period ended 31 December 2015, it announced on Wednesday.

A financial media group, Moneyweb [JSE:MNY] has a market cap of R35.56m and PE ratio of -11.66, according to iNetBFA data.

“Shareholders are advised that it is reasonably certain that for the six month period ended 31 December 2015 earnings per share (EPS) and headline earnings per share (HEPS) are expected to reflect a decrease of between 675% (3.24 cents per share) and 696% (3.34 cents per share) when compared to the EPS and HEPS of 0.48 cents per share reported for the six month period ended 31 December 2014,” it announced in a Sens statement.

Moneyweb said it expects the official results to be released on or about 17 March 2016.

The company’s share price was down 0.32% at R0.33 at 07:00 on Thursday.

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