2/5/2018/Mastercard Martina Hund-Mejean On Tuesday May 2, 2018, Mastercard announced its financial results for the first quarter of 2018. Our teams delivered a strong start to the year, with net revenue growing 27 percent on a currency-neutral basis. Our underlying fundamentals were also solid, with volumes up double-digits in most […]
Results & Dividends
Julius Berger Nigeria Plc Q1 2018 Results – Earnings Flattered By One-Off Income
Culled—Proshare May 2, 2018/Vetiva Research Highlights of Vetiva Analyst Report PAT outperforms estimate albeit underlying earnings remain weak Company still relies on short term financing to support operations FY’18 PAT estimate revised lower to ₦2.2 billion (Previous: ₦2.8 billion) TP revised lower on reduction to estimates Strong earnings growth driven […]
Access Bank Q1 2018 Results Review: Tracking Behind FY Guidance; Downgrading to UP
Culled—Proshare May 2, 2018/FBNQuest Research Low single-digit cuts to our 2018E EPS forecast and price target Access Bank’s (Access) Q1 2018 PAT surprised negatively, primarily because of a negative result of –N5.3bn in other comprehensive income (OCI). The PAT was also down on a y/y basis and implies an annualised […]
