Believability index shows CADBURY likely to deliver 4% of Q2 PAT forecasts
Category: Corporate Earnings
Cadbury Nig. Plc presented its Q2 earnings forecast for the period ended June 30th 2012 to the market today.
Proshare has reviewed the forecast against its believability index, relying on previous performances against forecast; to confirm the following:
1.That Cadbury Nig. Plc has a 4% chance of achieving or exceeding its PAT forecastand a -6%chance of delivering on its Turnover projectionsfor the period in view.
2.This weights fall within the 'most believable' forecast range for quoted companies in the sector.