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Today is shaping up negative for Appen Limited (ASX:APX) shareholders, with the analysts delivering a substantial negative revision to this year's forecasts. 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 latest downgrade, the eleven analysts covering Appen provided consensus estimates of US$339m revenue in 2023, which would reflect a definite 13%...
>>> Read more: Downgrade: Here's How Analysts See Appen Limited (ASX:APX) Performing In The Near Term
Following the latest downgrade, the eleven analysts covering Appen provided consensus estimates of US$339m revenue in 2023, which would reflect a definite 13%...
>>> Read more: Downgrade: Here's How Analysts See Appen Limited (ASX:APX) Performing In The Near Term
