HusCompagniet Falls After Earnings Miss, Guidance Cut

• (PLX AI) - HusCompagniet shares fell more than 2% in early trading after the company reported earnings below expectations and cut its full-year guidance.
• • Q2 revenue DKK 1,094 million vs. estimate DKK 1,255 million, while Q2 EBITDA DKK 76 million vs. estimate DKK 104 million
• • The company cut its outlook for revenue, EBITDA and EBIT for the year
• • The downgrade of sales expectations for 2022 to 1,100-1,400 houses from previously 1,700-2,100 houses was the main disappointment and should trigger a share price reaction of at least -6% in a flat market, Carnegie said