Earnings Update: ComfortDelGro Corporation Limited (SGX:C52) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts [Yahoo! Finance]
COMFORTDELGRO UNSP/ADR (CDGLY)
NASDAQ:AMEX Investor Relations:
comfortdelgro.com.sg/investor-relations.aspx?id=142
Company Research
Source: Yahoo! Finance
The result was positive overall - although revenues of S$3.9b were in line with what the analysts predicted, ComfortDelGro surprised by delivering a statutory profit of S$0.083 per share, modestly greater than expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. Check out our latest analysis for ComfortDelGro Taking into account the latest results, the current consensus from ComfortDelGro's eight analysts is for revenues of S$4.00b in 2024. This would reflect an okay 3.0% increase on its revenue over the past 12 months. Per-share earnings are expected to grow 17% to S$0.097. Before this earnings report, the analysts had been forecasting revenues of S$4.02b and earnings per share (EPS) of S$0.094 in 2024. The
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