BusinessCompany NewsFTSE100 miss analysts’ forecasts

FTSE100 miss analysts' forecasts

Only 9% of FTSE100 companies reached their year-end, earnings per share forecast with most UK companies underperforming relative to their forecasts, new research shows.

Link: Boardroom pay faces greater scrutiny

Almost half of FTSE100 companies missed analysts’ estimates by more than 10%, a new study by Parson Consulting reveals.

Underperformance was most prevalent in sectors like healthcare and pharmaceutical, services, utilities and telecoms and consumer and retail.

In a comparative survey based on analysis of S&P500, 20% of US companies achieved their eps forecast, with most US companies overperforming relative to their forecasts.

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