Heritage Foods misses EPS forecast by 22%
after close1 source ↓written by the desknot a recommendation
- analyst expectations
- 22%
- fell short
- ₹11 billion
- indicating a potential
- 15% growth
Heritage Foods Limited reported disappointing quarterly results, with earnings per share at ₹3.73, missing analyst expectations by 22%. Revenue also fell short at ₹11 billion. Following this, analysts have revised their forecasts, now predicting revenues of ₹50.9 billion by 2027, indicating a potential 15% growth. 📉
This earnings miss may lead to a reassessment of investor sentiment towards the stock, impacting trading strategies in the near term.
Not investment advice. For informational purposes only.