Qube Holdings Ltd
QUB: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$5.70 | Xflpvp | Xgpvntbyws |
Qube: Upgrading Guidance Following Recent Resilient Performance
Narrow-moat-rated Qube upgraded guidance for fiscal 2024 adjusted net profit after tax growth to 10%-15%, from 5%-10%. This is a solid performance in the face of significant headwinds to consumer spending, with management citing healthy activity levels across most of Qube’s businesses.