CDA News: Codan Limited (ASX:CDA) Analysts Are Reducing Their Forecasts For This Year - 28th Oct 2022, 7:19am

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The analysts covering Codan Limited (ASX:CDA) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this year. 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 seven analysts covering Codan provided consensus estimates of AU$463m revenue in 2023, which would refl...

>>> Read more: Codan Limited (ASX:CDA) Analysts Are Reducing Their Forecasts For This Year
 
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