BUZZ-NZ's Fisher & Paykel Healthcare tumbles as HY profit misses estimates

Reuters
28 Nov 2024
BUZZ-NZ's Fisher & Paykel Healthcare tumbles as HY profit misses estimates

** New Zealand's Fisher and Paykel Healthcare FPH.NZ sheds as much as 5.3% to NZ$36.38; biggest intraday pct decline since May 26, 2023

** Medical devices maker's Australia-listed stock FPH.AX drops as much as 4.6% to A$32.97, lowest since Nov. 7

** Posts HY net profit after tax of NZ$153.2 mln ($90 mln), up 43% y/y, missing Visible Alpha consensus est of NZ$157 mln - Citi

** NZ-listed stock one of top drags on benchmark S&P/NZX 50 index .NZ50

** Trims YTD gains to 57.3%

($1 = NZ$1.6955)

(Reporting by Aaditya Govind Rao in Bengaluru)

((Aaditya.govindrao@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10