CIMIC will report their 3Q18 earnings result tomorrow.
We expect 12% growth based on the same time last year and the company to reaffirm the calendar year 2018 guidance of underlying NPAT to be in the range of $750 million+.
You're not a member! Trial today
The company is currently bidding on several major projects within the contract mining and infrastructure construction divisions. Work in hand is currently over $35 billion
We also look for any additional information around the 10% share buy-back program. FY19 dividend of $1.70 per share, places the stock on a forward yield of 3.6%
We recommend accumulating CIM & Downer EDI.
Cimic
