Cardno posts surprising earnings guidance

The infrastructure consultancy spiked in morning trade after updating guidance at the top end of its previous forecast.

Cardno (CDD) shares jumped to a near three-month high this morning after the infrastructure consultancy said its full-year earnings would come in at the top end of its guidance.

Management is forecasting net profit of $77 million for the year ended June 30, 2013, which will mark a 5% increase from the previous year.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles