Highlights of the day: 24 June

FinMeUp highlights of the day

South Africa

RMB Holdings Limited- Financial results for the year ended 31 March 2022

• Revenue increased by more than 100% to R629 million.
• Earning attributable to equity shareholders grew more than 100% to R611 million.
• Headline earnings grew more than 100% to R56 million.
• EPS grew by more than 100% to 43.9 cents.

PBT Group Limited- Trading statement

• Revenue is expected to grow by between 21.2% and 26.1% to between R956.2 million and R995.2 million.
• EPS is expected to grow by between 55.9% and 62.3% to between 78.8 cents and 82 cents.
• HEPS is expected to grow by between 60.6% and 57.1% to between 81.2 cents and 84.6 cents.

Tiger Brands

• Cumulatively repurchased 3.04% or 5 768 836 ordinary shares of the company.

U.S.

Netflix

• Netflix reportedly fired about 300 employees yesterday.

Blackberry Earnings

• EPS of -$0.05 beating expectations of -$0.07.
• Revenue of $168M missing expectations of $177.25M.

FedEx

• FedEx has confirmed it expects to repurchase $1.5B of common stock during the first half of its FY23.
• EPS of $6.87 in line with expectations.
• Revenue of $24.4B missing expectations of $24.6B.

Twitter

• Twitter has given Elon Musk access to more data after his lawyers said the initial batch of data was deemed insufficient.
• The new batch includes real-time data and is seen as the "last hurdle" for Musk looking to find spam accounts.

Biggest winners and losers

JSE

• RMB +10.97%
• Steinhoff -5.24%

US

• PayPal +5.45%
• Moderna -2.48%

Crypto

• Bitcoin +3.3%
• Ethereum +10.0%
• XRP +11.5%