BHP Group FY EPS $5.30 Down From $8.42 YoY, Sales $53.80B Down From $65.10B YoY
Portfolio Pulse from Benzinga Newsdesk
BHP Group has reported a decrease in FY23 earnings and sales compared to the same period last year. Earnings per share fell by 37.05% to $5.30, and sales dropped by 17.36% to $53.80 billion.
August 22, 2023 | 6:44 am
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NEGATIVE IMPACT
BHP Group's FY23 earnings and sales have significantly decreased compared to the same period last year. This could potentially impact the company's stock negatively in the short term.
BHP Group's significant decrease in earnings and sales compared to the same period last year indicates a potential negative impact on the company's stock. Investors often react to such news by selling off shares, which could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100