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Mahanagar Gas consensus EPS cut 31.3% in seven days on 22 downward revisions
- Analysts have aggressively cut earnings expectations for Indian natural gas utility Mahanagar Gas Limited (MGL.NS), with the current-year consensus EPS dropping 31.26% in seven days.
- The current-year (0y) consensus EPS fell from 110.22 to 75.77, while the next-year (+1y) consensus was cut 32.3% from 117.92 to 79.83.
- The revision momentum is overwhelmingly negative, with 22 analysts revising estimates downward and only 1 revising upward in the last seven days.
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Conclusion
Current-year consensus EPS fell from 110.22 (seven days ago) to 75.77 (June 1 snapshot date), a 31.26% cut. Next-year consensus EPS fell from 117.92 to 79.83 (32.3% cut). Revisions count: 22 down, 1 up.