Morningstar updated their report:
Morningstar has a tendency to be quite conservative in its analysis of stocks, which is why I pay attention to their research.
The body of the Morningstar report is relatively unchanged.
Future EPS forecast:
FY21 EPS$0.85
FY22 EPS $0.57
FY23 EPS $0.54
Since management has given clarity around future dividends, Morningstars estimate of DPS is the same as EPS.
So in summary Morningstar still forecasting earnings declines for the next 3 years.
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