Article taken from: finance.yahoo.com
See our latest analysis for Admiral Group
Beyond this, earnings are predicted to continue to be below today’s level, with a reduction of -6.9% in 2021, eventually reaching UK£368m in 2022. The advantage of this method is that it removes the impact of near term flucuations and accounts for the overarching direction of Admiral Group’s earnings trajectory over time, fluctuate up and down. This means, we can anticipate Admiral Group will grow its earnings by 1.7% every year for the next couple of years.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at email@example.com . It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned.
Thank you for reading.
Click here to read the full article