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Today is shaping up negative for Mercury NZ Limited (NZSE:MCY) shareholders, with the analysts delivering a substantial negative revision to this year's forecasts. Revenue and earnings per share (EPS) forecasts were both revised downwards, with the analysts seeing grey clouds on the horizon.
Following the latest downgrade, the current consensus, from the four analysts covering Mercury NZ, is for revenues of NZ$1.7b in 2022, which would reflect an uncomfortable 13% reduction in Mercury NZ's sale...
>>> Read more: Mercury NZ Limited (NZSE:MCY) Analysts Just Cut Their EPS Forecasts Substantially
Following the latest downgrade, the current consensus, from the four analysts covering Mercury NZ, is for revenues of NZ$1.7b in 2022, which would reflect an uncomfortable 13% reduction in Mercury NZ's sale...
>>> Read more: Mercury NZ Limited (NZSE:MCY) Analysts Just Cut Their EPS Forecasts Substantially
