What are Revenue Forecasts? 

To understand this, it is significant to know what revenue is. Revenue is the income that a business earns by selling merchandise or offering specific services. It is also referred to as sales or turnover. Revenue is calculated for a specific period like a quarter or a year. Revenue is calculated after adjusting for discounts and product returns. Revenue is an important metric for any investor to determine the momentum of a business.

Revenue Forecasts are a key financial indicator for an investor and help determine the outlook of the business performance. When the forecast for the script is marked in Green, it means that the anticipated revenue growth is higher than the last 3-year Compound Annual Growth Rate (CAGR) percentage.

The prices are compared to the baseline of the current financial year. If the Forecast for the stock is marked in Red, it means that the revenue expectations for the upcoming year are lower than the past 3-year CAGR percentage.