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66%: Potential jump in IMI’s 2017 earnings per share
Earnings per share (EPS) could possibly improve by two thirds this year for fluid dynamics engineer IMI (IMI) in a best case scenario.
Analysts at Numis Securities believe the company could achieve 100p EPS versus consensus forecast around the 60p mark at present.
They foresee a potential ‘jaw-dropping’ impact of operational gearing as costs are stripped from the business. Achieving this EPS uplift would require pulling off a major acquisition.