Haleon's EPS Beat Is Reassuring -- Market Talk

Dow Jones
27 Feb

1014 GMT - Haleon's earnings-per-share beat signals an turning point, Barclays analysts say in a note. The British consumer-health giant's historical lack of EPS delivery has been a key investor complaint which should ease now after its 2H topped consensus by 6%, Barclays says. "Given recent strength in Haleon's share price we could see some profit taking first thing this morning, but the robust top​​line and EPS delivery confirm our thesis that Haleon is establishing a track record as a steady compounder," the analysts say. Haleon's 2025 guidance is in line with expectations, but its 2H weighting comes as a surprise, they add. Shares are down 3.1% at 38.33 pounds. (helena.smolak@wsj.com)

 

(END) Dow Jones Newswires

February 27, 2025 05:14 ET (10:14 GMT)

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