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Simply Wall St: The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated.

• 2024 revenue forecast decreased from €1.73b to €1.67b.
• EPS estimate also fell from €13.80 per share to €7.75 per share.
• Net income forecast to shrink 42% next year vs 6.3% growth forecast for Basic Materials industry in Germany .
• Consensus price target down from €240 to €140.
• Share price fell 19% to €128 over the past week.
  
• Börsenweisheit des Tages | 12.07.2024