Published on 24 Aug 2023 on Simply Wall St. via Yahoo Finance
Woolworths Group Limited (ASX:WOW) shareholders are probably feeling a little disappointed, since its shares fell 2.2% to AU$37.49 in the week after its latest yearly results. It looks like the results were a bit of a negative overall. While revenues of AU$64b were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 2.5% to hit AU$1.32 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Woolworths Group after the latest results.
Check out our latest analysis for Woolworths Group
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