Fevertree - another stupendous announcement and analysts estimates prove worthless…again!
Interim Results from Fevertree Drinks (AIM:FEVR) for the period ending 30 June 2018 saw sales leap 45% to £104.2m, pre-tax profit rise 35% to £32.6m and diluted earnings per share rise 36% to 22.72p. At the current share price of 3852p (up 11% on the day) that equates to a mighty rating of 87x previous full year consensus estimates of 44.08p per share. As has been the case for most of its listed life,…
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