【how long can you freeze live crawfish】This Broker Just Slashed Their Freelance.com SA (EPA:ALFRE) Earnings Forecasts
Thehow long can you freeze live crawfish analyst covering
Freelance.com SA
(
EPA:ALFRE
) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this year. Both revenue and earnings per share (EPS) forecasts went under the knife, suggesting the analyst has soured majorly on the business.
Following the downgrade, the current consensus from Freelance.com's sole analyst is for revenues of €249m in 2020 which - if met - would reflect a credible 4.8% increase on its sales over the past 12 months. Statutory earnings per share are anticipated to plummet 23% to €0.12 in the same period. Before this latest update, the analyst had been forecasting revenues of €278m and earnings per share (EPS) of €0.18 in 2020. Indeed, we can see that the analyst is a lot more bearish about Freelance.com's prospects, administering a measurable cut to revenue estimates and slashing their EPS estimates to boot.
Check out our latest analysis for Freelance.com
ENXTPA:ALFRE Past and Future Earnings May 2nd 2020
It'll come as no surprise then, to learn that the analyst has cut their price target 9.1% to €3.00.
Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Freelance.com's revenue growth is expected to slow, with forecast 4.8% increase next year well below the historical 40% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 3.1% next year. Even after the forecast slowdown in growth, it seems obvious that Freelance.com is also expected to grow faster than the wider industry.
The Bottom Line
The most important thing to take away is that the analyst cut their earnings per share estimates, expecting a clear decline in business conditions. Unfortunately, the analyst also downgraded their revenue estimates, although our data indicates revenues are expected to perform better than the wider market. After such a stark change in sentiment from the analyst, we'd understand if readers now felt a bit wary of Freelance.com.
Still, the long-term prospects of the business are much more relevant than next year's earnings. We have analyst estimates for Freelance.com going out as far as 2022, and you can see them free
on our platform here.
Another way to search for interesting companies that could be
reaching an inflection point
is to track whether management are buying or selling, with our
free
list of growing companies that insiders are buying
.
If you spot an error that warrants correction, please contact the editor at
. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Thank you for reading.
View comments
-
Americans See Record Fall in Consumer Spending, Savings SoarSkydance Sports Teams With Religion Of Sports On Content Development, Scripted Series ‘The Owl’ First ProjectNetflix in 2019: Bulls Get Even in Odd-Numbered YearsEuro zone factories ended 2018 on a low note - PMIThe Downsides of 401(k)s That You’ve Never Heard OfShould You Investigate AVX Corporation (NYSE:AVX) At US$15.07?Should You Be Pleased About The CEO Pay At PCM, Inc.’s (NASDAQ:PCMI)Should You Be Tempted To Buy Telstra Corporation Limited (ASX:TLS) At Its Current PE Ratio?SCOR successfully sponsors a new catastrophe bond, Atlas Capital Reinsurance 2020 DACBRIEF-Future Land Development Holdings Posts Jan Contracted Sales Of About RMB10,958 Mln
下一篇:Platinum Group Metals Ltd. Completes At-The-Market Offering
- ·Pacific Empire Announces Engagement of OreQuest Consultants as Technical Advisors and the Sale of Shares of Nova Royalty Corp. for Proceeds of Approximately C$644,795
- ·Detection Technology Plc Financial Statements Review January-December 2018
- ·10 Six-Figure Jobs That Don’t Require a Four-Year Degree
- ·Why the Fed will keenly watch the purchasing managers releases
- ·Video Meetings Can Be Superior Meetings
- ·Can Triad Group plc (LON:TRD) Maintain Its Strong Returns?
- ·Taking A Look At Avidly Oyj’s (HEL:AVIDLY) ROE
- ·US STOCKS-Wall St ekes out gains in rocky start to 2019
- ·Read This Before Selling Altura Mining Limited (ASX:AJM) Shares
- ·Maritime Announces Board and Management Changes
- ·Do You Like nVent Electric plc (NYSE:NVT) At This P/E Ratio?
- ·Star Wars Force Awakens premiere: Kathleen Kennedy's emotional speech
- ·Used Construction Equipment Market to hit USD 142 Bn by 2026: Global Market Insights, Inc.
- ·BRIEF-China National Complete Plant Import & Export Signs Agreement With Russia's Kortors
- ·BRIEF-Sotech Smarter Equipment Scraps Asset Acquisition Plan
- ·BRIEF-China National Chemical Engineering's Unit Signs Methanol-Related Project Worth $1.48 Bln In Russia
- ·Newmont (NEM) in Focus: Stock Moves 6.2% Higher
- ·NY Lawmakers Move Closer to Approving Criminal Justice Reform Legislation
- ·British manufacturing barely grows in May as EU referendum approaches - PMI
- ·Here's Why Disney Will Have a Strong 2019
- ·EPR Properties: 3Q Earnings Snapshot
- ·Boies Schiller Faces $3M Malpractice Suit From Exiled Chinese Billionaire
- ·What's My Credit Card CVV?
- ·Calculating The Fair Value Of Wayland Group (CNSX:WAYL)
- ·Coronavirus slows, but doesn't stop real estate lending: Report
- ·Crocs, Shoe Carnival Surge Higher After Susquehanna Upgrades
- ·SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Personalis, Inc. - PSNL
- ·More Evidence Rolls In: Law Firms Boosted Revenues, Profits in 2018
- ·Prosecutor drops insider trading case against former Deutsche Boerse CEO
- ·The Zacks Analyst Blog Highlights: Darden Restaurants, Red Robin Gourmet Burgers, AFC Enterprises, Burger King Worldwide and AK Steel Holding
- ·Crown Castle (CCI) Gains As Market Dips: What You Should Know
- ·Lessons to Investors From Bitcoin's First Decade
- ·Hilaria Baldwin Is 'Very Worried' About Husband Alec After Rust Shooting: Source
- ·5 Money Tips for College Freshmen
- ·This Alibaba Stock Correction Offers an Opportunity You Can’t Refuse
- ·BRIEF-Tencent Holdings Reports 14.2 Percent Passive Stake In Cango As Of Dec 31, 2018 - SEC Filing