FINWIRES · TerminalLIVE
FINWIRES

HMC Capital Reaffirms Fiscal 2026 Operating Earnings Guidance; Shares Up 15%

By

-- HMC Capital (ASX:HMC) reaffirmed its fiscal 2026 pre-tax operating earnings per share (EPS) target of more than AU$0.40 and funds management earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance of AU$85 million, according to a Wednesday Australian bourse filing.

The company reiterated its dividend guidance of AU$0.12 per share.

The company said co-investment distributions of AU$32 million have been received from HomeCo Daily Needs REIT (ASX:HDN) and DigiCo Infrastructure REIT (ASX:DGT), with HCW not currently paying distributions. Investment income for fiscal 2026 is estimated at more than AU$53 million.

From fiscal 2027, HMC said it will provide earnings guidance on an underlying basis to remove the uncertainty and volatility associated with fair value movements on its principal investments.

The company's shares rose past 15% in recent Wednesday trade.

Related Articles

Equities

Equinor to Launch Second Tranche of $1.5 Billion Share Repurchase Program

Equinor (EQNR.OL) said Wednesday that it will launch the second tranche of its share buyback worth up to $1.5 billion after its annual general meeting on May 12.The Norwegian energy company enlisted an undisclosed third party to repurchase up to $375 million, of which $123.8 million will be bought back in the market. The program will run until July 20.Repurchased shares will be canceled via a capital decrease at the annual general meeting in May 2027.

$EQNR.OL
Asia

AML3D, Austal USA Deliver Portable Arcemy System to US Navy Hub

AML3D (ASX:AL3), together with Austal's (ASX:ASB) US arm, Austal USA, completed the delivery of its first portable Arcemy system to the US Navy's Additive Manufacturing Centre of Excellence in Danville, Virginia, according to a Wednesday Australian bourse filing.The system is built for quick deployment, enabling faster technology development and component production alongside existing large-scale Arcemy units, per the filing. Its portable design allows it to be reinstalled within just one to two days, which is significantly quicker than fixed systems.The completion triggers the final payment of around AU$1.2 million order from Austal USA, the filing added.AML3D's shares fell about 3% in recent Wednesday trade, while Austal's shares rose past 3%.

$ASX:AL3$ASX:ASB
Equities

Equinor Posts Higher Q1 Attributable Net Income; Total Revenue, Other Income Decline

Equinor (EQNR.OL) said Wednesday its attributable net income in the first quarter increased, while revenue declined year over year.Net income attributable to equity holders for the three months ended March 31 was $3.11 billion, compared with $2.63 billion earlier. EPS moved to $1.24 from $0.96.The Norwegian energy company's total revenue and other income were $27.84 billion, compared with $29.92 billion a year ago.Meanwhile, the board declared a cash dividend of $0.39 per share for the quarter, payable Aug. 27. It paid $0.37 per share in the year-ago period.

$EQNR.OL