Report
Gareth James
EUR 100.00 For Business Accounts Only

We expect the childcare subsidy to benefit childcare centre operators like G8 Education.

G8 Education used its annual general meeting to abandon its EPS guidance of AUD 0.40 by Dec. 31, 2019, as we foreshadowed in our note of March 22, 2018. However, we’re not too concerned about the downgrade as our 2020 EPS forecast of AUD 0.29 was already below guidance and still looks achievable. Management haven’t provided new guidance but will do so at the interim result in August.
Despite the 56% share price collapse since last November, the market continued to push G8 shares lower reflecting...
Underlying
G8 Education Limited

G8 Education is engaged in the operation of early education centres owned by Co., and ownership of early education centre franchises. Co. operates in Australia and Singapore.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Gareth James

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