Analyst consensus

The forecasts in this analysis have been gathered for Tesco PLC through Vuma Consensus, an independent website, from a number of registered investment analysts.

 

The information on this page was consolidated on 9 February 2016.

    Forecast
    2015/16
year to
Feb 16
2016/17
year to
Feb 17
2017/18
year to
Feb 18
Estimates   19 19 19
Group revenue (exc. VAT, inc fuel £m)   55,316 55,542 56,282
High   56,501 57,076 57,984
Low   54,751 54,425 54,360
Group operating profit before exceptional items (£m)   932 1,251 1,500
High   1,000 1,436 1,837
Low   843 1,059 1,215
Statutory profit before tax (£m)   447 886 1,196
High   897 1,296 1,677
Low   294 674 842
Profit before tax before exceptional items and net pension finance costs (£m)   543 914 1,176
High   642 1,081 1,372
Low   458 775 930
Diluted EPS* before exceptional items and net pension finance costs (p)   4.92 8.88 11.71
High   6.50 10.71 14.51
Low   4.01 6.74 8.10
Dividend per share (p)   0.21 0.92 3.33
High   3.00 3.70 7.00
Low   0.00 0.00 0.00

* Earnings per share

The forecasts in this analysis have been gathered for Tesco PLC through Vuma Consensus, an independent website, from a number of registered investment analysts and are, as such, publicly available information. Tesco PLC has not commented on any individual forecasts nor does it intend to do so in the future. Vuma Financial Limited has had no access to Tesco's internal budgets, forecasts or information which is not generally available. Tesco is not regulated by the Financial Conduct Authority and cannot offer investment advice. It should be noted that forecasts are by definition forward looking and are therefore subject to risks and uncertainties that may materially affect eventual results. Although Tesco will endeavour to procure that the information is kept updated, Tesco assumes no obligation to update or revise such information to reflect circumstances existing after the date hereof. Nothing in this analysis should be taken as a recommendation to buy or sell shares in Tesco or to take any other action or place any reliance on the analysis.

Neither Tesco nor any subsidiary undertaking or any director, officer or employee of Tesco accepts any responsibility for the accuracy of the forecasts used in this analysis and therefore shall have no liability whatsoever for the consequences of any reliance or actions taken or not taken based on any of the information in this analysis.

Tesco PLC would like to thank the following investment banks and brokers:

  • Barclays Capital
  • Bank of America Merrill Lynch
  • Citi
  • Credit Suisse
  • Deutsche Bank
  • Exane
  • Grupo Santander
  • HSBC
  • Jefferies
  • J.P. Morgan Cazenove
  • Kepler Capital Markets
  • Morgan Stanley
  • Nomura
  • Redburn
  • Sanford Bernstein
  • Shore Capital
  • Societe Generale
  • Stifel
  • UBS

The information on this page was consolidated on 9 February 2016.