Catapult Bull Sees Chance of FY Earnings Beat -- Market Talk

Dow Jones
May 15

0308 GMT - Catapult Sports' bull at Bell Potter sees the chance of an earnings beat when the athletic performance-tech provider reports its annual result next week. Analyst Chris Savage expects a result in line with or slightly ahead of the trading update issued in late March. He points out that the Ebitda implied by the Australia-listed company's guidance is slightly ahead of consensus, while his forecast is about 0.4% ahead. He expects Catapult's guidance for fiscal 2027 to be the same as issued for the past two fiscal years: strong growth in annualized contract value with low rates of churn. Bell Potter trims its target price by 5.3% to 4.50 Australian dollars on lower tech-sector multiples and keeps a buy rating. The stock is down 0.2% at A$3.095. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

May 14, 2026 23:08 ET (03:08 GMT)

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