ASX:MQGCapital Markets
Assessing Macquarie Group (ASX:MQG) Valuation After Profit Growth Disappoints Market Expectations
Macquarie Group (ASX:MQG) released its half-year earnings, posting a 3% profit increase supported by solid banking and asset management performance. However, the growth was overshadowed by misses against market expectations.
See our latest analysis for Macquarie Group.
Macquarie Group’s shares took a near 7% tumble after earnings missed market forecasts, even as the company posted a 3% profit increase. The market’s response shows how expectations and short-term sentiment can outweigh steady...