Financial Wire

Challenger Reports Lower Fiscal Q3 Assets Under Management, Tightens Fiscal 2026 Normalized EPS Outlook; Shares Tumble 5%

-- Challenger (ASX:CGF) reported fiscal third-quarter assets under management of AU$116.28 billion, down from AU$125.63 billion a year earlier, according to a Tuesday filing with the Australian bourse.

The company said it has tightened its fiscal 2026 normalized basic earnings per share guidance range to between AU$0.66 and AU$0.70.

Challenger previously guided for normalized basic EPS of AU$0.66 to AU$0.72 when it reported fiscal first-half results in February.

The company's shares tumbled 5% in recent Tuesday trade.

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Challenger Reports Lower Fiscal Q3 Assets Under Management, Tightens Fiscal 2026 Normalized EPS Outlook; Shares Tumble 5% | Financial Wire