JX Metals extends sharp decline after raising its earnings forecast for the fiscal year ending March 2027, but falling short of market expectations

JX Metals' share price fell sharply. Although the company raised its earnings forecast for the fiscal year ending March 2027, it fell short of market consensus.

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The story

JX Metals' share price plunged, falling sharply during trading hours. The news reported that the company had raised its earnings forecast for the fiscal year ending March 2027.

However, the revised forecast remained below market expectations, and views have been spreading that it fell short of the levels anticipated by investors.

At a glance

EventJX Metals' share price fell sharply

PerformanceRaised its earnings forecast for the fiscal year ending March 2027

Market reactionThe forecast fell short of market expectations, leading to views that the reaction would be muted

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