Jefferies Financial Group Equities Analysts Decrease Earnings Estimates for Tata Motors Limited (NYSE:TTM)


Tata Motors Limited (NYSE:TTM – Get Rating) – Stock analysts at Jefferies Financial Group cut their FY2024 earnings per share (EPS) estimates for shares of Tata Motors in a report released on Wednesday, November 9th. Jefferies Financial Group analyst N. Mangal now expects that the company will post earnings per share of $2.96 for the year, down from their prior forecast of $3.20. The consensus estimate for Tata Motors’ current full-year earnings is $0.53 per share. Jefferies Financial Group also issued estimates for Tata Motors’ FY2025 earnings at $3.75 EPS.

A number of other analysts have also recently weighed in

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