No spring surprises in NZ-listed company earnings

Some strong earnings weren't enough to settle investors' nerves. (Image: NZX)

Tue, 05 Sep 2023

New Zealand-listed companies stuck to their knitting in the June period, largely delivering on the earnings forecasts they’d provided but refraining from peering too deeply into the crystal ball. Jarden analysts Adrian Allbon, Arie Dekker and Christian Bell said the reporting season generally showed improved earnings but tempered outlooks. Inflationary pressures, high interest rates and electoral uncertainty made it hard for corporate management teams to predict the future. Jarden analysts said 79% of the 37...

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