Analysts bullish about Fisher & Paykel but warn of risks

Analysts bullish about Fisher & Paykel but warn of risks
Analysts expect the first-half results to be within expectations. (Image: NZME)
Staff reporters
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...

More Markets

NZ market flat: Tower rises
Markets

NZ market flat: Tower rises

The index declined 0.67% this week.

Graham Skellern 12 Apr 2024
CRP's trading halt lifted after clarifying fast-track statements
Primary Sector

CRP's trading halt lifted after clarifying fast-track statements

Chatham Rock Phosphate said it had been requested to apply for the new regime.

Ian Llewellyn 12 Apr 2024
Carbon markets reveal more about policy than politicians
Primary Sector

Pattrick Smellie: Carbon markets reveal more about policy than politicians

The sluggish carbon price tells what you need to know about climate policy.

Pattrick Smellie 12 Apr 2024
Who Fletcher's new CEO called in his first days
Markets

Who Fletcher's new CEO called in his first days

Nick Traber has to rebuild confidence in the embattled construction giant.