Close Brothers Group plc Just Missed Earnings - But Analysts Have Updated Their Models [Yahoo! Finance]
CLOSE BROS GRP UNSP/ADR (CBGPY)
NASDAQ:AMEX Investor Relations:
closebrothers.com/investor-relations
Company Research
Source: Yahoo! Finance
It's shaping up to be a tough period for Close Brothers Group plc LON:CBG ), which a week ago released some disappointing yearly results that could have a notable impact on how the market views the stock. It wasn't a great result overall - while revenue fell marginally short of analyst estimates at UK£927m, statutory earnings missed forecasts by an incredible 23%, coming in at just UK£0.59 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. Following last week's earnings report, Close Brothers Group's ten analysts are forecasting 2025 revenues to be UK£915.4m, approximately in line with the last 12 months. Earnings are expected to tip over into lossmaking territory, with the analysts forecas
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