Siemens Healthineers : Healthineers post Q2 FY2021 Consensus for FY2021 - FY2024 - Apr. 28, 2021 (xlsx)

SH consensus summary FY 21-24

Vara Research Siemens Healthineers Post Q2 2021 Earnings Estimates as of May 27th, 2021
FY 2020	FY 2021 E	FY 2022 E	FY 2023 E	FY 2024 E
Revenue
- Number of Estimates	13	13	13	9
- Highest	17,539	19,932	21,474	22,978
- Consensus	14,460	17,377	19,369	20,503	21,648
- Median	17,414	19,379	20,545	21,659	ensus
- Lowest	17,140	18,984	19,858	20,698
Comparable growth rate (in %)
- Number of Estimates	9	9	9	7
- Highest	16.4	7.7	7.0	6.6
- Consensus	-0.2	15.1	2.7	5.7	5.7
- Median	15.3	1.8	5.7	5.7
- Lowest	13.7	1.2	4.5	4.1
Adjusted EBIT (SHS definition)
- Number of Estimates	13	13	13	9
- Highest	3,159	3,880	4,375	4,890
- Consensus	2,248	3,099	3,532	3,907	4,294
- Median	3,108	3,486	3,836	4,174
- Lowest	3,042	3,409	3,751	4,074
EPS reported (in EUR)
- Number of Estimates	12	12	12	9
- Highest	1.57	1.88	2.07	2.40
- Consensus	1.41	1.43	1.65	1.95	2.17
- Median	1.43	1.62	1.94	2.13
- Lowest	1.26	1.52	1.84	2.06
Adjusted EPS (in EUR)
- Number of Estimates	13	13	13	9
- Highest	2.01	2.27	2.55	2.90
- Consensus	1.61	1.98	2.19	2.44	2.68
- Median	1.99	2.18	2.44	2.66
- Lowest	1.94	2.14	2.35	2.56
DPS (in EUR)
- Number of Estimates	11	11	11	6
- Highest	1.20	1.33	1.53	1.74
- Consensus	0.80	0.84	0.98	1.12	1.29
- Median	0.85	0.93	1.08	1.20
- Lowest	0.69	0.80	0.92	1.04
This report was prepared by Vara Research GmbH for informational purposes only and is not intended to provide investment advice. It is based on an evaluation of past and an estimation of future earnings and performance of the relevant company by various market analysts. Owing to their subjective character, such estimates and forecasts cannot be independently verified. Despite careful review, Vara Research GmbH cannot provide any guarantee, assurance or warranty as to completeness or accuracy; responsibility or liability is therefore excluded.	This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.	This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.	This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.	This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.	This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. The company did not participate in the compilation of the estimates and it does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness.