CNU News: Chorus Limited Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts - 28th Aug 2024, 10:19am

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Investors in Chorus Limited (NZSE:CNU) had a good week, as its shares rose 6.1% to close at NZ$8.65 following the release of its annual results. Revenues came in at NZ$1.0b, in line with estimates, while Chorus reported a statutory loss of NZ$0.02 per share, well short of prior analyst forecasts for a profit. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns t...

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