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 11 May 2016.

    Forecast
    2016/17
year to
Feb 17
2017/18
year to
Feb 18
2018/19
year to
Feb 19
Estimates   17 17 17
Group revenue (exc. VAT, inc fuel £m)   55,329 56,042 56,894
High   55,949 57,099 58,192
Low   54,340 54,086 53,738
Group operating profit before exceptional items (£m)   1,176 1,428 1,651
High   1,304 1,642 2,002
Low   1,089 1,252 1,420
Statutory profit before tax (£m)   660 967 1,238
High   887 1,205 1,605
Low   450 744 876
Profit before tax before exceptional items and net pension finance costs (£m)   755 1,048 1,305
High   861 1,312 1,700
Low   590 790 876
Diluted EPS* before exceptional items and net pension finance costs (p)   6.76 9.88 12.45
High   7.88 12.19 16.22
Low   5.30 6.86 7.68
Dividend per share (p)   0.34 2.49 3.64
High   3.00 7.00 8.00
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
  • HSBC
  • Jefferies
  • J.P. Morgan Cazenove
  • Macquarie
  • Morgan Stanley
  • Redburn
  • Sanford Bernstein
  • Shore Capital
  • Societe Generale
  • Stifel
  • UBS

The information on this page was consolidated on 11 May 2016.