The consensus outlook for earnings per share (EPS) in 2022 has deteriorated.
- 2022 revenue forecast decreased from AU$2.15b to AU$2.09b.
- EPS estimate also fell from AU$1.32 per share to AU$1.18 per share.
- Net income forecast to shrink 28% next year vs 33% growth forecast for Metals and Mining industry in Australia .
- Consensus price target down from AU$24.02 to AU$22.83.
- Share price fell 3.1% to AU$16.44 over the past week.
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