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Today is shaping up negative for Kogan.com Ltd (ASX:KGN) shareholders, with the analysts delivering a substantial negative revision to this year's forecasts. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting analysts have soured majorly on the business.
After the downgrade, the consensus from Kogan.com's nine analysts is for revenues of AU$624m in 2023, which would reflect a chunky 13% decline in sales compared to the last year of performance. Losses are predi...
>>> Read more: Bearish: Analysts Just Cut Their Kogan.com Ltd (ASX:KGN) Revenue and EPS estimates
After the downgrade, the consensus from Kogan.com's nine analysts is for revenues of AU$624m in 2023, which would reflect a chunky 13% decline in sales compared to the last year of performance. Losses are predi...
>>> Read more: Bearish: Analysts Just Cut Their Kogan.com Ltd (ASX:KGN) Revenue and EPS estimates
