The consensus outlook for earnings per share (EPS) in 2022 has deteriorated.
- 2022 revenue forecast decreased from S$256.1m to S$230.9m.
- EPS estimate also fell from S$0.13 per share to S$0.10 per share.
- Net income forecast to grow 16% next year vs 9.2% growth forecast for Capital Markets industry in Singapore.
- Consensus price target down from S$8.65 to S$6.00.
- Share price fell 11% to S$5.01 over the past week.