RE:EBIT, EBITDA, FCF 101 and projectionFrom NBCFM research for SNC (Q1 estimate) :
"We continue to expect losses (on EBIT) from Infra EPC and Resources segments (presented as held for sale now). 407 traffic
remained depressed during the quarter due to fresh lockdowns. In terms of forecasts, we are more conservative than the Street SNC ($0.22 for core EPS vs. Street at $0.35), although there is a high degree of variability in the latter number. We will also focus on
FCF generation and directional language re. normalization / improvement as many investors are closely monitoring the metric. Stock cannot "work" without FCF. Update on legacy EPC contracts is important."
Target =36$