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Market forces rained on the parade of Bubs Australia Limited (ASX:BUB) shareholders today, when the analysts downgraded their forecasts for this year. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative.
Following the downgrade, the latest consensus from Bubs Australia's five analysts is for revenues of AU$134m in 2023, which would reflect a huge 50% improvement in sales compared to the last 12 months. Be...
>>> Read more: Analyst Forecasts Just Became More Bearish On Bubs Australia Limited (ASX:BUB)
Following the downgrade, the latest consensus from Bubs Australia's five analysts is for revenues of AU$134m in 2023, which would reflect a huge 50% improvement in sales compared to the last 12 months. Be...
>>> Read more: Analyst Forecasts Just Became More Bearish On Bubs Australia Limited (ASX:BUB)
