Ann: ALS HY2022 Results - Investor Conference Call Audio, page-4

FNArena predicts EPS FY22 for 52c

So the HY22 had achieved 26c. So it may hit a bit below guidance as HY21 was 16.4 and FY21 was 35 and implies 2nd half might be less.

Hence the sell off

Also some brokers though were not impressed

Industrial Sector Contractors & Engineers - Overnight Price: $13.03 Jarden rates ((ALQ)) as Downgrade to Neutral from Buy (3) -Having delivered first half profit after tax 2% above the top of its guidance range and Jarden's forecast, ALS provided full-year guidance of $242-252. Noting guidance is potentially underwhelming, Jarden notes the company faces a balance of risks in the second half.To the upside Jarden notes potential for continued strong demand and pricing increases, but to the downside this could be offset by higher deprecation and amortisation and higher consumables inflation. FY22 earnings per share forecast increases 1.2%.The rating is downgraded to Neutral from Overweight and the target price increases to $13.25 from $13.20.This report was published on November 17, 2021.Target price is $13.25 Current Price is $13.03 Difference: $0.22If ALQ meets the Jarden target it will return approximately 2% (excluding dividends, fees and charges).Current consensus price target is $13.60, suggesting upside of 8.6%(ex-dividends)The company's fiscal year ends in March.