Consensus EPS estimates increase to US$101
The consensus outlook for earnings per share (EPS) in 2021 has improved.
- 2021 revenue forecast increased from US$236.5b to US$250.5b.
- EPS estimate increased from US$88.05 to US$101 per share.
- Net income forecast to grow 11% next year vs 9.8% decline forecast for Interactive Media and Services industry in the US.
- Consensus price target up from US$2,803 to US$3,127.
- Share price rose 2.8% to US$2,713 over the past week.