MYX News: Mayne Pharma Group Limited (ASX:MYX) Analysts Just Slashed This Year's Estimates - 1st Mar 2022, 10:32am

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Market forces rained on the parade of Mayne Pharma Group Limited (ASX:MYX) shareholders today, when the analysts downgraded their forecasts for this year. Both revenue and earnings per share (EPS) estimates were cut sharply as the analysts factored in the latest outlook for the business, concluding that they were too optimistic previously.

Following the downgrade, the most recent consensus for Mayne Pharma Group from its five analysts is for revenues of AU$409m in 2022 which, if met, would be a...

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