MEZ News: Meridian Energy Limited (NZSE:MEL) Analysts Just Slashed This Year's Revenue Estimates By 12% - 17th Oct 2024, 5:12am

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One thing we could say about the analysts on Meridian Energy Limited (NZSE:MEL) - they aren't optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. Revenue estimates were cut sharply as analysts signalled a weaker outlook - perhaps a sign that investors should temper their expectations as well.

Following the latest downgrade, Meridian Energy's five analysts currently expect revenues in 2025 to be NZ$4.9b, approximately in line with...

>>> Read more: Meridian Energy Limited (NZSE:MEL) Analysts Just Slashed This Year's Revenue Estimates By 12%
 
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