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BYD quarterly template: experts' earnings per share and sales forecast for October 30, 2023.
The report “BYD before the figures are presented – this is what experts expect” on Finanz.net gives an overview of BYD’s expected quarterly figures. BYD will present its quarterly balance sheet for the past quarter on October 30, 2023. According to 2 analysts' expectations, quarterly earnings per share are expected to be CNY 2.95. This is a significant increase compared to the same quarter last year, in which earnings per share were CNY 1.97. When it comes to sales expectations, experts expect an increase of 42.21 percent compared to the same quarter last year, with sales of CNY 166.50 billion expected. For the current fiscal year, 39 analysts are forecasting on average...
BYD quarterly template: experts' earnings per share and sales forecast for October 30, 2023.
The report “BYD before the figures are presented – this is what experts expect” on Finanz.net gives an overview of BYD’s expected quarterly figures. BYD will present its quarterly balance sheet for the past quarter on October 30, 2023. According to 2 analysts' expectations, quarterly earnings per share are expected to be CNY 2.95. This is a significant increase compared to the same quarter last year, in which earnings per share were CNY 1.97. When it comes to sales expectations, experts expect an increase of 42.21 percent compared to the same quarter last year, with sales of CNY 166.50 billion expected. For the current fiscal year, 39 analysts on average forecast earnings per share of CNY 9.92, compared to CNY 5.71 last year. In terms of sales, 37 analysts expect a total of CNY 632.17 billion on the books, compared to CNY 424.06 billion last year.
According to a report from Finanz.net, BYD's expected positive quarterly figures could lead to a further increase in the share price. The forecasts suggest solid growth for the company, which could increase investor confidence in the stock. A year-over-year increase in earnings per share and sales could also have an impact on the overall market by increasing confidence in the Chinese market and the global automotive industry.
The expected figures could also have an impact on the financial sector. A positive development at BYD could arouse the interest of investors and institutional investors in further investments in the area of renewable energies and electromobility. This could lead to increased capital inflows and support the growth of similar companies in the sector.
However, it remains to be seen whether the actual quarterly figures correspond to analysts' expectations. A deviation from the forecasts could lead to a negative reaction from the markets. Investors should therefore closely monitor the publication of BYD's quarterly figures and make their investment decisions accordingly.
Source: According to a report by www.finanzen.net
Read the source article at www.finanzen.net