Agreed, at the EPS level, the Thomson Reuters consensus forecasts (which I’m also looking at, and which FT use, as you say) indicate modest improvement from the current fiscal year (11.05c) to the next (11.26c). However, my point was that the consensus forecasts for all forward years are lower than they were a week ago, a month ago, etc. – i.e. analysts have been gradually revising downward. Note that the FT, while showing the trend in analyst recommendation, don’t show the trend in consensus earnings forecast (which I posted earlier but which you unfortunately can’t open).
p.s. CommSec source from Morningstar, which erroneously show a single analyst covering NEC, and thus present very different consensus EPS forecasts to Thomson Reuters. The latter, correctly, shows consensus for 8 analysts. I would hesitate to rely on Morningstar/CommSec.
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