RESORTTRUST,INC. turns negative in afternoon session; full-year operating profit forecast revised upward, in line with consensus; first-half profit up 31% [DZH Individual Stock Information] (Jiji Press)

RESORTTRUST,INC. turned negative in the afternoon session and revised its full-year operating profit forecast upward to a level in line with consensus. First-half operating profit was up 31% year on year.

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The story

RESORTTRUST,INC.'s share price is reported to have turned negative in the afternoon session. While further details depend on reports from the original source, the situation suggests that investors should also monitor developments after trading hours.

The company revised its full-year operating profit forecast upward and indicated that it expects the figure to be broadly in line with market consensus. This could lead to a revision in the market's view of the full-year earnings outlook.

First-half operating profit also rose 31% year on year, showing strong growth. The article does not disclose specific details on the factors behind the half-year growth.

At a glance

Afternoon SessionRESORTTRUST,INC. is reported to have turned negative in the afternoon session.

Earnings forecast revisionThe full-year operating profit forecast was revised upward and described as being in line with consensus.

First-half growthFirst-half operating profit up 31% year on year

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