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Speedy Hire – from “confidence in meeting our expectations” to “second half weighting” to ‘towards the lower end of expectations’ to guess what now…

By Steve Moore | Tuesday 30 January 2024

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Having gone from “key contract wins and extensions, as well as strong pipeline, gives confidence in meeting our expectations for the coming year” in June to with “a second half weighting… anticipates full year performance to be in line with expectations” in October to “remain confident of delivering results, albeit towards the lower end of the board's expectations” in November, guess what from a “trading update” today from tools and equipment hire company Speedy Hire (SDY)?
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