CCP credit corp group limited

Ann: Credit Corp Group H1 of 2023 Media Release, page-60

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    "While Credit Corp's profit largely met Ord Minnett's forecast, it fell well short of Macquarie and Morgans. FY23 guidance is nonetheless retained, suggesting significant second half improvement is required, although management expects Lending can deliver the majority of the improvement. The near-term performance for the US purchased debt ledger (PDL) and consumer lending segments should drive second half growth, with the A&NZ PDL segment expected to be a drag until supply of PDL books improves. Brokers are prepared to grant management the benefit of the doubt."

    fn arena

    25.80 pt average of 3 brokers - all buy


 
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