Believability index shows FCMB likely to deliver 79% of Q1 PAT forecasts

Believability index shows FCMB likely to deliver 79% of Q1 PAT forecasts



FCMB Plc presented its Q1 earnings forecast for the period ended March 31st 2012  to the market today.

Proshare has reviewed the forecast against its believability index, relying on previous performances against forecast; to confirm the following:

That FCMB Plc has a 79% chance of achieving or exceeding its PAT forecast and a 88% chance of delivering on its Gross Earnings  projections for the period in view.

 This weights fall within the 'most believable' forecast range for quoted companies in the sector.    


For further enquiries, Please contact , 00234-1-7624131


DISCLAIMER - While the contents of Proshare communications are checked for accuracy, we are not liable for any incorrect information included. The details of this mail should not be construed as an investment advice by the Proshare Limited, its employees and we accept no liability for any loss arising from the use of this information. All opinions in this mail constitute the author’s best estimate and judgment as of this date and are subject to change without notice. Investors should see the content of this page as one of the factors to consider in making their investment decision. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions. This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to which they are addressed. If you have received this email in error please notify the sender. Any use, dissemination, distribution, or reproduction of this message by unintended recipients is not authorized and may be unlawful. Proshare Nigeria Limited will accept no liability whatsoever for any loss, direct, indirect or consequential, arising from information made available and actions resulting there from.


Comment With Your Facebook or Yahoo! ID

Login /Register to post comment With Your Proshare id


Social Media