Consensus EPS estimates fall to -S$0.35
The consensus outlook for earnings per share (EPS) in 2022 has deteriorated.
- 2022 revenue forecast decreased from S$8.11b to S$7.54b.
- Losses expected to increase from -S$0.25 to -S$0.35.
- Airlines industry in Singapore expected to see average net income growth of 100% next year.
- Consensus price target broadly unchanged at S$4.54.
- Share price was steady at S$5.08 over the past week.