Own Blackmores (ASX:BKL) shares? Here's what to expect durin

Own Blackmores (ASX:BKL) shares? Here's what to expect during reporting season


What is the market expecting from Blackmores in FY 2021?
According to a note out of Goldman Sachs, its analysts are expecting Blackmores to report a 1% increase in revenue in FY 2021 to $573.8 million. This is expected to be driven by double digit sales growth in the China and International divisions, offsetting a 10% decline in ANZ sales to $292.9 million.
Positively, the broker is expecting Blackmores’ earnings growth to be much stronger. Goldman is forecasting earnings before interest and tax (EBIT) to come in 67.4% higher year on year at $52.5 million. Once again, weakness in the ANZ segment is expected to be offset by strong growth in its China and International divisions.

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