ORA News: Orora Limited Just Missed Earnings - But Analysts Have Updated Their Models - 22nd Feb 2024, 10:17am

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The analysts might have been a bit too bullish on Orora Limited (ASX:ORA), given that the company fell short of expectations when it released its half-year results last week. Results showed a clear earnings miss, with AU$2.0b revenue coming in 9.9% lower than what the analystsexpected. Statutory earnings per share (EPS) of AU$0.059 missed the mark badly, arriving some 41% below what was expected. Following the result, the analysts have updated their earnings model, and it would be good to know w...

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