Can anyone shed some light on the recent significant increase in the consensus earnings for Gattaca (previously know as Matchtech) shown in the stock report. Until recently earnings for the year just ended were expected to be around 43 pence and flat going forward. The stock report, depending on which part you look at shows eps of 51.7 or 58.4 followed by 53.3 or 63.3 for the year ending 31 July 2017.

Gattaca will have reasonable exposure to overseas earnings as a consequence of its purchase of Networkers last year, but I can't imagine that FX benefits alone would account for such an increase. I am not aware of any forthcoming exceptional items and the fact that the share price has been falling together with the last trading update suggest that the apparent upgrade is a typo? Or am I missing something? Perhaps Ed can shed some light?

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