Earnings in FY21E are expected to be more than 6% ahead of the forecasts we set last summer. For any company trading through a pandemic year, this is a decent beat in our opinion. With the stock trading at the bottom of its two-year trading range, we can say with some surety that an earnings surprise was definitely not in the price. Buy.
22 Apr 2021
Cenkos: Shearwater Group Plc -- A decent beat
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Cenkos: Shearwater Group Plc -- A decent beat
Shearwater Group plc (SWG:LON) | 43.0 0 0.0% | Mkt Cap: 10.2m
- Published:
22 Apr 2021 -
Author:
Cavendish Research -
Pages:
5
Earnings in FY21E are expected to be more than 6% ahead of the forecasts we set last summer. For any company trading through a pandemic year, this is a decent beat in our opinion. With the stock trading at the bottom of its two-year trading range, we can say with some surety that an earnings surprise was definitely not in the price. Buy.