Page 121 - CL How to Read a Case Study
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Teaching
Paragraph 1
Note
SENTANCES
first quarterly profit since Sept 2015 Trend
beat market expectations (£259 million Analysts reassess RBS
profit for the quarter ended March 31(2017)). valuation
RBS shares rise by nearly 5% Share rise endorses
management
state-backed lender profitability reinforces future
move from nationalised
company
Analyst’s expectations Analysts were expecting a
lower profit with the result
that expectation of
performance is enhanced
Reported 1stQ £259 Analysts influence the general
million profit perception of a company, its
future performance and its
management’s ability.
