Macquarie Shares Plunge After Disappointing Half-Year Result - Sharecafe

Macquarie Shares Drop Sharply After Half-Year Results Disappoint

Macquarie Group experienced its largest intraday share decline since April following half-year results that fell short of analyst forecasts. The main factor was weaker earnings from its commodities division.

By midday, Macquarie shares had fallen 6.7% to $202.56, close to an intraday low of $202.37. This was the steepest drop since April 4, when shares plunged 9% amid market turmoil after tariff announcements.

Company Overview

Macquarie is a diversified financial group offering clients asset management, finance, banking, advisory, risk, and capital solutions across debt, equity, and commodities. The company operates globally with a strong base in Australia.

Financial Performance

Despite the share decline, Macquarie reported a net profit near $1.7 billion, supported by performance fees in its asset management division. However, this profit missed analysts' expectations of $1.86 billion for the first half and an interim dividend forecast of $3.09.

UBS analyst John Storey said the results were "10.4 per cent below consensus estimates."
Additionally, earnings per share of $4.37 missed predictions by 10.9 per cent.

Overall, the results highlight challenges in Macquarie's commodities segment amid broader market pressures.

Author’s summary: Macquarie’s shares tumbled due to underwhelming half-year results, driven by weaker commodities earnings and missed analyst profit and dividend forecasts.

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ShareCafe ShareCafe — 2025-11-07

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