Investor Alert

New York Markets After Hours

Market Pulse Archives

Jan. 18, 2018, 4:01 a.m. EST

Countrywide slumps 17% after 'disappointing' Q4 performance

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Countrywide PLC (CWD)

or Cancel Already have a watchlist? Log In

By Sara Sjolin


Shares of Countrywide PLC /zigman2/quotes/203864149/delayed UK:CWD -3.61% tanked 17% on Thursday after the real estate agent said 2017 profit is expected to have fallen by 9%. In a trading update before the company releases its full-year report in March, Countrywide said total profit is forecast to come in at £672 million, compared with £737 million a year ago. Profit in the sales and lettings business is expected to be £360 million, down 14% from 2016, reflecting a "a disappointing fourth quarter performance," Countrywide said.

UK : U.K.: London
£ 163.00
-6.10 -3.61%
Volume: 366,433
Sept. 21, 2020 4:35p
P/E Ratio
Dividend Yield
Market Cap
£55.24 million
Rev. per Employee

This Story has 0 Comments
Be the first to comment
More News In

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.