MEZ News: Meridian Energy Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected - 1st Mar 2024, 11:26am

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Investors in Meridian Energy Limited (NZSE:MEL) had a good week, as its shares rose 2.7% to close at NZ$5.98 following the release of its half-year results. Results look mixed - while revenue fell marginally short of analyst estimates at NZ$2.1b, statutory earnings were in line with expectations, at NZ$0.037 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new ...

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