With -173.9% predicted earnings drop over the next year Hutchison China MediTech Limited (AIM:HCM) doesn’t seem to be a very well performing company. What are the important facts you need to know? I will analyse the latest data and look at the future of this company in more detail.
Troubled times ahead?
The bad news for investors in HCM is that a drop in earnings is on the cards. Analysts covering the company are expecting the EPS to drop down to $0.18, a significant decline from previous levels of around $0.2. Based on the estimates this means a -16.5% reduction in three year’s time. Not the best news.