Macquarie Group – FY19 Earnings

Macquarie Group reported FY19 earnings today and group revenue was up 19% to $6.25bn and NPAT was up 17% $2.99bn.

MQG is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

You're not a member!  Trial today!

We forecast FY20 earnings to increase by 6%, placing the stock on a  forward yield of 4.8%.

 

 

Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
© 2021 Investor Signals