1H 2013 Earnings Presentation
Analyst Consensus Appears to be Lagging
Current Market Conditions
(US $M)
2013 Analysts' EBITDA Forecast
•
.
350
High:
$307
High:
= = Consensus
300
$293
High:
$271
$256
$256
250
High:
$233
High:
Low:
$218
$211
$235
200
$197
$194
Low:
High:
High:
Low:
$199
$193
Low:
Low:
$159
$159
150
$178
$176
$151
$146
Low:
$140
Low:
100
$116
50
50
Nov-12
Feb-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Company expects the 2H 2013 results to be lower than the 1H 2013
Analyst expectations may not adequately reflect the risk of price erosion in the 2H
and may assume larger benefit of cost savings initiative
Low end of estimates are consistent with the Company's current view.
Further industry volatility could impact results.
BOART LONGYEAR
1H 2013 Earnings Presentation 24View entire presentation