Article taken from: finance.yahoo.com
With trailing-twelve-month net income at current levels of UK£466m, the consensus growth rate suggests that earnings will decline to UK£398m by 2020. Below is a brief commentary around ITV’s earnings outlook going forward, which may give you a sense of market sentiment for the company. For those keen to understand more about other aspects of the company, you can research its fundamentals here . Longer term expectations from the 16 analysts covering ITV’s stock is one of positive sentiment.
Analysts are predicting this high revenue growth to squeeze profit margins over time, from 15% to 14% by the end of 2022. 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 . 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.
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