Crookes Brothers Ltd. provided earnings per share guidance for the six months ended September 30, 2012. The company expects earnings per share to be between 425 cents and 445 cents compared to the prior period EPS of 277.9 cents. Headline earnings per share are expected to improve to between 420 cents and 440 cents over HEPS of 275.6 cents in the previous corresponding period.

The improvement in EPS and HEPS arises largely from the finalization of the claim against the National Department of Land Affairs in respect of interest payable on the proceeds of the sale of its Komatipoort estate. Without the additional interest income the EPS and HEPS would be 178 cents per share lower.