Business
What to expect from the Blackmores (ASX:BKL) half year result
Earlier today I had a look at what the market was expecting from the A2 Milk Company Ltd (ASX: A2M) half year result later this month. You can read about that here.
On this occasion, I’m going to turn by attention to fellow consumer staples stock, Blackmores Limited (ASX: BKL).
What is the market expecting from the Blackmores half year result?
According to a note out of Goldman Sachs, its analysts are expecting Blackmores to reveal an improvement in its performance compared to the prior corresponding period.
The broker is expecting the health supplements company to report revenue of $318.2 million. This will be a 7.9% increase on the same period last year. It is also 2.3% ahead of the market consensus estimate.
This is expected…
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