Digi gets mixed bag of calls after results

Overall, TA Securities and Kenanga Research are positive on Digi, reiterating “buy” and “outperform” calls, respectively.

PETALING JAYA: Digi.Com Bhd’s earnings estimates were lowered by research houses, following the second quarter (2Q) of its financial year 2022 (FY22) results that came in below expectations.

MIDF Research lowered its earnings estimates by 0.9% and 2.4% for FY22 and FY23, respectively, as Digi posted earnings that missed the research house’s expectation.