2018 analyst consensus

London Stock Exchange Group plc will release Preliminary results, for the year ended 31 December 2018, on 1 March 2019

2018 analyst consensus

Consensus from 14 analysts

£m

Revenue

Average Low High
Information Services 839 833 849
Post Trade Services - LCH 480 474 488
Post Trade Services - CC&G and Monte Titoli 103 100 108
Capital Markets 402 396 408
Technology Services 67 62 88
Other 9 8 10
Total revenue 1,901 1,882 1,922
Net treasury income through CCP business: 218 213 222
Other income 6 4 10
Total income 2,125 2,110 2,148
Cost of Sales (220) (215) (225)
Gross profit 1,905 1,889 1,924
Operating expenses (837) (826) (850)
Operating profit/(loss) of associates (5) (9) (3)
Earnings before interest, tax, depreciation and amortisation 1,063 1,045 1,078
Depreciation (130) (123) (134)
Adjusted operating profit 932 915 947
Adjusted Net profit 596 581 629
 
AEPS basic adjusted 172.4 167.9 182.2
   
Dividend for the period (p) 59.8 57.0 63.6

 

Sources and bases: 

The figures have been collected from 14 analysts and consists of published and so far unpublished data on a consistent basis

We have included all available broker estimates since the 2018 Q3 Interim results (issued 19 October 2018)

2018 analyst consensus has been calculated based on the following:

  • BAML (18 January)

  • Barclays (19 October)
  • Berenberg (11 January)

  • Citi (20 December)
  • Commerzbank (4 January)

  • Deutsche Bank (11 February)
  • Exane BNP Paribas (25 January)

  • JPM Cazenove (19 October)
  • KBW (11 January)

  • Morgan Stanley (13 December)

  • Morningstar (31 October)
  • RBC (30 January)

  • Redburn (25 January)

  • UBS (7 January)

Please note that any opinions, estimates or forecasts regarding London Stock Exchange Group performance made by the contributing analysts to the above consensus are theirs alone and are not endorsed by the company.