Published on 27 Mar 2024 on Simply Wall St. via Yahoo Finance
Kingfisher plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Shareholders of Kingfisher plc (LON:KGF) will be pleased this week, given that the stock price is up 11% to UK£2.50 following its latest yearly results. Revenues were in line with forecasts, at UK£13b, although statutory earnings per share came in 17% below what the analysts expected, at UK£0.18 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
View our latest analysis for Kingfisher
