Analysis ver negative on GKP25 Mar 2025 07:23
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Gulf Keystone Petroleum Limited (LON:GKP) Analysts Are More Bearish Than They Used To Be
editorial-team@simplywallst.com (Simply Wall St)
Tue, March 25, 2025 at 7:35 AM GMT+1 3 min read
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Today is shaping up negative for Gulf Keystone Petroleum Limited (LON:GKP) shareholders, with the analysts delivering a substantial negative revision to this year's forecasts. 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 most recent consensus for Gulf Keystone Petroleum from its four analysts is for revenues of US$201m in 2025 which, if met, would be a major 33% increase on its sales over the past 12 months. Statutory earnings per share are presumed to soar 536% to US$0.21. Prior to this update, the analysts had been forecasting revenues of US$268m and earnings per share (EPS) of US$0.37 in 2025. Indeed, we can see that the analysts are a lot more bearish about Gulf Keystone Petroleum's prospects, administering a pretty serious reduction to revenue estimates and slashing their EPS estimates to boot.
Maybe PUTUP can shed some light on them analysis predictions.