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Boral Ltd ADR (OTC:BOALY) Stock, Option Chain

Boral

Earnings

News

BOALY

Boral Posts H1 Loss

Guidance

Boral Cuts Full-Year Profit Forecast

Boral Lowers Full-Year Profit Forecast

Boral Ltd ADR

Boral (OTC: <a class="ticker" href="/stock/boaly#OTC">BOALY</a>) posted a loss in the first half of the fiscal year.

Boral posted a net loss of 25.3 million Australian dollars (US$26.1 million), versus a year-ago profit of A$152.7 million.

Its underlying profit came in at A$52.2 million in the period.

Australia's Boral Ltd (OTC: <a class="ticker" href="/stock/boaly#OTC">BOALY</a>) lowered its full-year net profit forecast. 

It now expects profit of A$100 million to A$110 million before one-time items. The company had earlier lowered its profit forecast on April 20 to A$128 million-A$153 million.

Australia's Boral Ltd (OTC: BOALY) cut its full-year profit estimates.

Boral's net profit for the fiscal third quarter came in at A$22 million, down from the company's view. The company now expects profit before one-time items in a range of A$128 million to A$153 million. The company in February expected profit before one-time items in a range of A$150 million to A$175 million.

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