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Stock impact report

Earnings Miss: Adecco Group AG Missed EPS By 7.1% And Analysts Are Revising Their Forecasts [Yahoo! Finance]

ADECCO GROUP AG UNSP/ADR (AHEXY) 
Company Research Source: Yahoo! Finance
The early response was not positive, with shares down 5.7% to CHF35.17 in the past week. It looks like the results were a bit of a negative overall. While revenues of €24b were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 7.1% to hit €1.94 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. See our latest analysis for Adecco Group Following last week's earnings report, Adecco Group's twelve analysts are forecasting 2024 revenues to be €24.1b, approximately in line with the last 12 months. Per-share earnings are expected to jump 33% to €2.58. In the lead-up to this report, the analysts had been modelling revenues of €24.0b and earnings per share (EPS) Show less Read more
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