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    International Personal Finance plc (LON:IPF) Analysts Just Cut Their EPS Forecasts Substantially

    One thing we could say about the analysts on International Personal Finance plc (LON:IPF) – they aren’t optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. Both revenue and earnings per share (EPS) estimates were cut sharply as the analysts factored in the latest outlook for the business, concluding that they were too optimistic previously. Following the downgrade, the consensus from three analysts covering International Personal Finance is for revenues of UK£673m in 2020, implying a chunky 16{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49} decline in sales compared to the last 12 months. Losses are supposed to balloon 244{09c3c849cf64d23af04bfef51e68a1f749678453f0f72e4bb3c75fcb14e04d49} to UK£0.35 per share. However, before this estimates update, the…

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