Q: What does the market expect from Savaria tomorrow and with all the negativity towards healthcare should investors be concerned? Thx
5i Research Answer:
Estimates; 24c EPS, $228.7M revenue. The stock has bounced nicely off its April low, but there is still some uncertainty overall, and sentiment towards the sector is clearly not good. But EPS beat estimates last quarter and we have no reason to expect any additional negative news. We would be fine holding into earnings.