Published on 17 Feb 2024 on Simply Wall St. via Yahoo Finance
thyssenkrupp AG Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
It's been a sad week for thyssenkrupp AG (ETR:TKA), who've watched their investment drop 14% to €4.76 in the week since the company reported its first-quarter result. Revenues missed expectations, with revenue of €8.2b falling 10% short of forecasts. Earnings correspondingly dipped, with thyssenkrupp reporting a statutory loss of €0.50 per share, where the analysts were expecting a profit. 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
View our latest analysis for thyssenkrupp
