Goodman New Zealand & Goodman Property Services Posts Higher Fiscal 2026 Cash Earnings, Lower Net Property Income
MT Newswires Live
May 26
Goodman New Zealand & Goodman Property Services (NZE:GNZ) reported Tuesday fiscal 2026 cash earnings of NZ$0.0798 per share, up from NZ$0.0755 a year earlier.
Analysts polled by FactSet expected earnings of NZ$0.08.
Net property income for the 12 months ended March 31 was NZ$184.5 million, compared with NZ$230.5 million a year earlier. Analysts surveyed by FactSet expected NZ$194 million.
The company expects cash earnings to grow by around 5% in fiscal 2027, with dividends projected to reach NZ$0.0717 per security, representing a 5% increase on fiscal 2026.
The board declared a final dividend of NZ$0.0170625 per share, up from NZ$0.01625 a year earlier, payable June 18 to shareholders on record as of June 11.
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