NWL has left out their usual market share stats - I used to find those interesting. It will be interesting to see the market share details once it becomes available. Is it possible that the competition could improve and make life more difficult for NWL, (maybe HUB impacted too).
NWL's net flows may not be comparable to HUB's - but they look to be decelerating much faster.
NWL's cost management plans might be causing problems too, if net flows are decelerating. Maybe they need those extra people to keep clients happy?
We'll find out soon enough. These doubts wouldn't create much uncertainty, but consensus on marketscreener is looking at 28 cps, which means NWL is on a huge multiple.
Usually June is a good quarter, but I suspect we are looking at the low end of guidance. 2.3b seems far more likely than 3.3 to hit the midpoint.
NWL Price at posting:
$12.60 Sentiment: Sell Disclosure: Held
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