RE: If this is so significant29 Jul 2022 10:50
They haven't upped projected earnings and so continue to trade within current expectations outlined in previous guidance probably as it wont kick in till late this year. Also, worthy of note is that this is not an exclusive agreement it is a license deal so Lloyds are not bothered about that part. On the plus side they can roll this out to other companies; negative is no major impact to projected earnings. I am neutral on this but i suspect many will be slightly disappointed after such a ling wait.