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One thing we could say about the analysts on Pilbara Minerals Limited (ASX
LS) - they aren't optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. Both revenue and earnings per share (EPS) estimates were cut sharply as analysts factored in the latest outlook for the business, concluding that they were too optimistic previously.
Following the downgrade, the consensus from 15 analysts covering Pilbara Minerals is for revenues of AU$...
>>> Read more: Pilbara Minerals Limited (ASXLS) Analysts Are Reducing Their Forecasts For This Year
LS) - they aren't optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. Both revenue and earnings per share (EPS) estimates were cut sharply as analysts factored in the latest outlook for the business, concluding that they were too optimistic previously.Following the downgrade, the consensus from 15 analysts covering Pilbara Minerals is for revenues of AU$...
>>> Read more: Pilbara Minerals Limited (ASX
LS) Analysts Are Reducing Their Forecasts For This Year