CCP - Credit Corp Group

[finicky]

• Credit Corp downgraded to Neutral from Outperform; target cut to $16.27 from $19.62 (MQG)
• Credit Corp: Reported 1H25 results yesterday. Revenue, NPAT and dividend missed Macquarie estimates by 4-6%. FY25 NPAT also soft (~1.5% miss). Stock opened Thursday session 1.5% lower, finished down 12.5%. Could see more weakness on analyst downgrades.

 

[galumay]

I love how brokers getting their expectations wrong leads to the Company's share price being impacted negatively!
CCP were spot on with their guidance, there was no surprise either to the up or downside in their results.
This is purely a case of brokers being wrong...again, and no consequences at all!