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Investing.com - Deutsche Bank (ETR:DBKGn) lowered its price target on Davide Campari-Milano Spa (BIT:CPR) stock to EUR5.70 from EUR5.90 while maintaining a Hold rating ahead of the company’s upcoming earnings report.
The Italian spirits maker is scheduled to report its second-quarter 2025 results on July 31, with Deutsche Bank now expecting organic revenue growth of 1.6% and an organic operating profit decline of 5.5% for the quarter.
Deutsche Bank forecasts Campari (LON:0ROY) will generate adjusted operating profit of €182 million in the second quarter and anticipates the company will reiterate its full-year 2025 guidance for "moderate" organic sales growth with a broadly flat organic EBIT margin.
The bank has reduced its full-year 2025 estimates for Campari, now projecting organic revenue growth of 1.1%, down from its previous estimate of 1.7%, and organic operating profit decline of 2.0%, compared to its earlier forecast of a 0.3% decline.
These revised projections from Deutsche Bank are more conservative than the Bloomberg consensus estimates, which anticipate 2.3% organic sales growth and 0.7% organic operating profit growth for Campari in fiscal year 2025.
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