AlphaValue/Baader Europe Adjusts Adecco EPS Estimates After Q3 Beat

07:46 AM EST, 12/04/2025 (MT Newswires) -- AlphaValue/Baader Europe on Wednesday updated its EPS projections for Adecco Group (ADEN.SW) after the Swiss recruitment services company delivered higher-than-anticipated third-quarter results. The EPS forecast was raised by 3.86% for 2025 to 1.89 euros, while the estimate for 2026 was nudged down by 0.90% to 2.74 euros. "In Q4, organic revenue is expected to grow broadly in line with Q3, with a stable sequential gross margin and SG&A. There is no material change to our 2026 estimates. The scenario assumes a slightly more supportive environment," the research firm said. Analysts also expect Adecco to see operational improvements at the global business unit level amid continued market share gain and higher productivity in North America and France, among other factors. The group's buy-rated stock has a price target of 30 francs.