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Market forces rained on the parade of St Barbara Limited (ASX:SBM) shareholders today, when the analysts downgraded their forecasts for this year. Revenue estimates were cut sharply as the analysts signalled a weaker outlook - perhaps a sign that investors should temper their expectations as well.
Following the downgrade, the consensus from dual analysts covering St Barbara is for revenues of AU$227m in 2024, implying a concerning 30% decline in sales compared to the last 12 months. Prior to th...
>>> Read more: What Does The Future Hold For St Barbara Limited (ASX:SBM)? These Analysts Have Been Cutting Their Estimates
Following the downgrade, the consensus from dual analysts covering St Barbara is for revenues of AU$227m in 2024, implying a concerning 30% decline in sales compared to the last 12 months. Prior to th...
>>> Read more: What Does The Future Hold For St Barbara Limited (ASX:SBM)? These Analysts Have Been Cutting Their Estimates
