Consensus Earnings Forecasts for Orora Likely Coming Down
Dow Jones
Aug 13
0048 GMT - Jefferies expects the market to downgrade Orora's earnings outlook based on the drinks container company's guidance alongside its FY 2026 result. Orora expects lower Ebit in FY 2027, driven by weakness in its Saverglass business and higher depreciation and amortization. Analyst Ramoun Lazar says consensus Ebit forecasts for the company were for a 2% fall in FY 2027, which look too high. "Nothing to like here, given downgrades," says Jefferies, which had a hold call and A$1.32/share price target on Orora ahead of the result. Orora is up 0.3% at A$1.52.
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