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Update: AMP H1 Underlying Earnings, Revenue Up; Shares Hit Highest Since October 2018

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(Updates with the stock movement in the headline and last paragraph.)

AMP (ASX:AMP) logged AU$0.069 in underlying EPS for the first half, compared with AU$0.052 a year ago, a Thursday filing showed.

Analysts polled by FactSet expected earnings of AU$0.07.

For the six months ended June 30, revenue from ordinary activities was AU$1.43 billion versus AU$1.38 billion previously, the Australia-listed financial services company added.

The board declared an interim dividend of AU$0.03 per share, up from AU$0.02 a year earlier, payable Sept. 25 to shareholders on record as of Aug. 21.

The company's shares advanced 5% in recent Thursday trade and earlier hit their highest since October 2018.

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