Healius Ltd

HLS: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Healius: We Temper Our Long-Term Outlook Following Earnings Downgrade on Subdued Referrals

Healius downgraded its full-year underlying EBIT guidance by roughly 30% to AUD 33 million. Revenue for the first 10 months grew by just over 2% due to improved pricing, but volumes fell due to weak referrals. Labor costs also grew 1%, ahead of prior flat guidance. Shares fell 23%.

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