Analysts bullish about Fisher & Paykel but warn of risks

Analysts expect the first-half results to be within expectations. (Image: NZME)

Mon, 27 Nov 2023

Forsyth Barr is not expecting any surprises when Fisher & Paykel Healthcare reports on Wednesday but says any risk is on the downside.The analysts expect the first-half results to be within expectations with minimal changes to full-year guidance of $1.7 billion.However, recent changes and currency movement pointed to the balance of risk being more skewed to the downside than the upside.The guidance provided at its late August AGM is for revenue of about $790 million and net profit after tax between $95m and $105m with the consensus and Forb...

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