Carl Zeiss Meditec AG
AFX: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| NZ> | LOCK|b>MQ! | LOCK|$J@lW! |
Carl Zeiss Meditec Earnings: Weak Start to Year Caused by Currency and Demand Headwinds
Carl Zeiss Meditec delivered a 5% revenue decline and a 550-basis-point decrease in adjusted EBITA for its fiscal first quarter. Full-year guidance was pulled in January but is expected be reinstated by the second-quarter earnings release. The shares fell 6% in Feb. 12 trading.
