Very slight miss vs FY19 consensus NOPAT ($70.3 vs $71M) ... but CCP’s FY20 guidance is quite a bit lower than consensus ($75-77M vs $83M). This seems to happen every year. CCP are always conservative with guidance and then increase as year goes on. This is a factor in ROE too. Personally I think $83M is still about right.
CCP Price at posting:
$25.00 Sentiment: Hold Disclosure: Held
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