ASX:GMGIndustrial REITs
Goodman Group (ASX:GMG) Shares Trail A$2.675b Profit And Data Centre Push
Goodman Group went into this result with the stock drifting, down roughly 10% over three months and closing at A$27.27 ahead of investors digesting the full year picture. The big headline is not a one off revaluation swing. It is the earnings engine behind the shift into large scale logistics and data centres, with operating profit reported at A$2.675b and operating earnings per security up 10.1%.
This is the gap investors now need to weigh: a soft share price into the print against a...