After all the political turmoil and profit pain in the past year and a half, out annual LATIN TRADE Consensus Forecast
reveals surprising news.
The results beat the consensus forecast
of analysts surveyed by First Call Corp.
Nevertheless, the LATIN TRADE Consensus Forecast
predicts reserves will fall to $12.
from deep downturn to a robust rebound in 2003, according to the annual LATIN TRADE Consensus Forecast
for the largest publicly traded companies in Latin America.
6 million, or 39 cents a share, 2 cents better than analysts' consensus forecast
and 33 percent ahead of the 1996 quarter.
According to the LATIN TRADE Consensus Forecast
, Pao de Acucar's sales will grow to almost $3.
That was the consensus forecast
last week by a panel of investment bankers and venture capitalists at Digital Hollywood, a two-day exposition and gathering for entertainment, communications and technology executives.
Seven of the eight largest Latin American economies will post moderate growth with rising inflation in 2003, according to the LATIN TRADE Consensus Forecast