CSL 0.58% $292.00 csl limited

Ann: Full Year Results Announcement, page-12

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  1. 17,000 Posts.
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    Trouble with companies like this, which consistently beat their own internal forecasts, is that the market after a while starts to take it as a given that is going to happen, and so starts pricing the stock accordingly.

    For example, I note that some analyst forecasts are already ahead of the upper end of the company's US$1.88bn to US$1.95bn NPAT guidance for FY2019.

    So, while it is hard to know what share prices do in the short-term, I wouldn't expect too much in a way of share price fireworks in coming days/weeks from today's result, especially once some deeper analysis of the quality of today's result takes place.
 
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