ZOO Digital Group (AIM:ZOO) - when 17% growth isn’t so awesome!
While the AGM statement pointed to revenue growth in the first of the financial year of at least 17% this wasn’t enough for followers of this highly rated share.
With the shares trading at nearly 60x consensus earnings estimates for the financial year ending March 2020 (yes, that is 2020!), you can start to see why 17% is missing the mark. While the house broker had growth expectations of 18% for the first half,…
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