Not only did the Q4 results come in ahead of consensus but the group’s guidance for 2023 has confirmed the current forecasts. The strong share price reaction showed that these 2023 consensus expectations were far from being priced in. The time will nonetheless come to question the sustainability of the earnings recovery at a time when depositors and other claimant will likely begin to ask for higher remuneration.
26 Jan 2023
Current share price has yet to price in the confirmed 2023 expectations
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Current share price has yet to price in the confirmed 2023 expectations
- Published:
26 Jan 2023 -
Author:
David Grinsztajn -
Pages:
2
Not only did the Q4 results come in ahead of consensus but the group’s guidance for 2023 has confirmed the current forecasts. The strong share price reaction showed that these 2023 consensus expectations were far from being priced in. The time will nonetheless come to question the sustainability of the earnings recovery at a time when depositors and other claimant will likely begin to ask for higher remuneration.