ANZ 0.58% $29.32 anz group holdings limited

Ann: ANZ 1H 2021 Results Presentation & Investor Discussion Pack, page-22

  1. 632 Posts.
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    ANZ's cash profit was 2.98b; consensus was 3.1b

    WBC's cash profit was 3.54b; consensus was 3.44b

    ANZ's was more than expected but WBC's was less than expected.

    So WBC's made 100m more than what it was expected to make; whilst ANZ made 100m less than expected.

    As share prices already trade to reflect what its expected to make. If beat - share price generally goes up & vice versa.
 
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