CSL's (ASX:CSL) fiscal 2026 results are in line, and it guided for fiscal 2027 net profit after tax (NPAT) growth of around 5%, Jefferies said in a Tuesday note.
The firm's normalized fiscal 2026 net profit after tax and before amortization of $3.1 billion fell around 4% year-over-year and 2% in constant currency, compared with the brokerage's forecast of $3.09 billion.
Its fiscal 2026 normalized earnings per share of $5.38 decreased around 3% on the year-ago period, compared with Jefferies' estimate of $5.76.
Its fiscal 2027 revenue is expected by the firm to be in line with the prior year and underlying NPAT growth of around 5%, implying an underlying CSL fiscal 2027 NPAT of around $2.98 billion on a constant currency basis, compared with Jefferies' forecast of $2.8 billion on a non-constant currency basis.
The investment firm assigned CSL a hold rating and a price target of AU$119 per share.