Shareholders in PSC Insurance Group Limited (ASX:PSI) may be thrilled to learn that the analysts have just delivered a major upgrade to their near-term forecasts. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company’s business prospects.
Following the upgrade, the most recent consensus for PSC Insurance Group from its three analysts is for revenues of AU$200m in 2021 which, if met, would be a solid 15% increase on its sales over the past 12 months. Prior to the latest estimates, the analysts were forecasting revenues of AU$173m in 2021. The consensus has definitely become more optimistic, showing a decent improvement in revenue forecasts.
Check out our latest analysis for PSC Insurance Group
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are