Consensus EPS estimates increase to US$8.09
The consensus outlook for earnings per share (EPS) in 2022 has improved.
- 2022 revenue forecast increased from US$20.2b to US$20.6b.
- EPS estimate increased from US$6.99 to US$8.09 per share.
- Net income forecast to grow 208% next year vs 16% growth forecast for Tech industry in the US.
- Consensus price target broadly unchanged at US$93.21.
- Share price was steady at US$65.50 over the past week.