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   Market Date: 30-09-2014   
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Believability index shows FCMB likely to deliver 79% of Q1 PAT forecasts

Category: Corporate Earnings


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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 analyst@proshareng.com , 00234-1-7624131
 

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