Commsec have forecast EPS of 15.9c vs 15.8c PY. Seems to be a disconnect between the management view reported at the AGM & current market expectations. Previously (before this month) the market view was much more aligned with that presented at the AGM.
Bearing in mind VNT are reporting interims rather than FY there is more of a likelihood of a downgrade with the release on the 25th Aug IMO. I suspect the range maybe lowered from the 7%-10% but have nothing concrete to base that on other than higher interest rates than back in May.
VNT Price at posting:
$2.86 Sentiment: Buy Disclosure: Held
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