Simply Wall St Fri, April 21, 2023 at 7:24 AM JSC Halyk Bank (LON:HSBK) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's statutory forecasts. The analysts have sharply increased their revenue numbers, with a view that JSC Halyk Bank will make substantially more sales than they'd previously expected.
Following this upgrade, JSC Halyk Bank's three analysts are forecasting 2023 revenues to be 1.0t, approximately in line with the last 12 months. Prior to the latest estimates, the analysts were forecasting revenues of 1.2t in 2023. It looks like forecasts have become a fair bit less optimistic on JSC Halyk Bank, given the substantial drop in revenue estimates.
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