Computershare: Interim result 2013

Investors looking for an improved performance from Computershare due to higher equity markets will have to wait a little longer, but this result provides a firm platform.

Computershare’s share price has risen about 18% over the past couple of months, with investors anticipating an improved performance due to rising equity markets. But they’ll have to wait a little longer, with management saying in today’s half-year result that it had not yet seen any ‘material flow through’ from this and maintaining guidance for full-year earnings per share growth of 10-15% (implying earnings per share (EPS) of US$0.54-$0.56 for the full year).

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