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Market forces rained on the parade of Syrah Resources Limited (ASX:SYR) 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 latest downgrade, Syrah Resources' three analysts currently expect revenues in 2023 to be US$107m, approximately in line with the last 12 months. ...
>>> Read more: Analysts Are More Bearish On Syrah Resources Limited (ASX:SYR) Than They Used To Be
Following the latest downgrade, Syrah Resources' three analysts currently expect revenues in 2023 to be US$107m, approximately in line with the last 12 months. ...
>>> Read more: Analysts Are More Bearish On Syrah Resources Limited (ASX:SYR) Than They Used To Be