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Macquarie Group Ltd (4M4.DU)
| Previous close | 112.48 |
| Open | 113.42 |
| Bid | 114.08 x 0 |
| Ask | 117.08 x 0 |
| Day's range | 113.36 - 114.10 |
| 52-week range | 93.00 - 119.00 |
| Volume | |
| Avg. volume | 1 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 03 May 2024 - 07 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
BloombergMacquarie Profit Misses Estimates as Commodities Unit Weighs
(Bloomberg) -- Macquarie Group Ltd.’s earnings missed estimates as a plunge in profit from its commodities and global markets business dragged on the Australian firm’s performance.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research, Awarding Millions in PrizesBiden Calls Ally Japan ‘Xenophobic’ Along With China, RussiaUS and Saudis Near Defense Pact Meant to Reshape Midd
ReutersMacquarie full-year profit slumps on weak commodity, assets contribution
The financial conglomerate's profits in fiscal year 2024 were impacted by a normalisation in commodity prices from a year ago, lower asset realisations in green investments and weakness in mergers and acquisitions activity in Australia. "Despite ongoing economic uncertainty and subdued market conditions in many parts of the world, Macquarie’s client franchises remained resilient over the last year," Chief Executive Officer Shemara Wikramanayake said.
- Reuters
Macquarie's $1.5 bln India EV platform to focus on fleet electrification
Australia's Macquarie Group launched on Monday an EV financing platform for India that will focus 95% of its $1.5 billion investment on electrifying fleets of commercial vehicles. The platform, called Vertelo, will offer financing, fleet management and charging infrastructure solutions, its chief executive Sandeep Gambhir said at the launch. The remaining 5% of investment will go towards charging infrastructure and other requirements.
