One thing we could say about the covering analyst on Public Joint Stock Company Globaltruck Management (MCX:GTRK) – they aren’t optimistic, having just made a major negative revision to their near-term (statutory) forecasts for the organization. This report focused on revenue estimates, and it looks as though the consensus view of the business has become substantially more conservative.
Following this downgrade, Globaltruck Management’s one analyst are forecasting 2020 revenues to be ₽9.6b, approximately in line with the last 12 months. Prior to the latest estimates, the analyst was forecasting revenues of ₽11b in 2020. It looks like forecasts have become a fair bit less optimistic on Globaltruck Management, given the measurable cut to revenue estimates.