The consensus outlook for earnings per share (EPS) in 2022 has deteriorated.
- 2022 revenue forecast decreased from US$3.31b to US$3.13b.
- Losses expected to increase from US$0.08 per share to US$0.09.
- Hospitality industry in Hong Kong expected to see average net income growth of 37% next year.
- Consensus price target broadly unchanged at HK$24.69.
- Share price rose 2.4% to HK$17.28 over the past week.