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How are sales, profit and other financial parameters forecasted in equity research reports?

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How are sales, profit and other financial parameters forecasted in equity research reports?

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Whenever I read equity research reports, I see that the analyst would forecast various financial parameters like sales, profit, expenses, etc. for next couple of years. I’d like to know how we can forecast such parameters. What would be the basis/logic and how it can be done. Any help would be highly appreciated …

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