PageGroup Plc Just Missed EPS By 14%: Here's What Analysts Think Will Happen Next
Investors in PageGroup plc had a good week as its shares rose 3.9% following the release of its full-year results, but the overall performance was not great. Revenues beat expectations, hitting £1.7b, but statutory earnings missed analyst forecasts by 14%, coming in at just £0.09 per share. The analysts have updated their forecasts, and while they expect revenue to decline by 11% in 2025, they are more bearish on the company's growth prospects.
- Despite the revenue growth being ahead of expectations, the significant miss on statutory earnings could indicate that PageGroup is struggling with operational challenges or cost pressures.
- How will PageGroup's ability to navigate this earnings shortfall impact its valuation and attractiveness to investors in the medium term?