Shareholders of GRK Infra Oyj (HEL:GRK) will be pleased this week, given that the stock price is up 10% to €21.40 following its latest quarterly results. Revenues were €210m, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at €0.46, an impressive 64% ahead of estimates. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on GRK Infra Oyj after the latest results.
Taking into account the latest results, the consensus forecast from GRK Infra Oyj's three analysts is for revenues of €937.9m in 2026. This reflects a solid 19% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to jump 32% to €1.57. Yet prior to the latest earnings, the analysts had been anticipated revenues of €922.4m and earnings per share (EPS) of €1.44 in 2026. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.
View our latest analysis for GRK Infra Oyj
The consensus price target rose 13% to €24.37, suggesting that higher earnings estimates flow through to the stock's valuation as well. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on GRK Infra Oyj, with the most bullish analyst valuing it at €25.10 and the most bearish at €23.00 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
Of course, another way to look at these forecasts is to place them into context against the industry itself. One thing stands out from these estimates, which is that GRK Infra Oyj is forecast to grow faster in the future than it has in the past, with revenues expected to display 42% annualised growth until the end of 2026. If achieved, this would be a much better result than the 6.7% annual decline over the past year. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 7.4% per year. So it looks like GRK Infra Oyj is expected to grow faster than its competitors, at least for a while.
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around GRK Infra Oyj's earnings potential next year. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for GRK Infra Oyj going out to 2028, and you can see them free on our platform here.
You can also see our analysis of GRK Infra Oyj's Board and CEO remuneration and experience, and whether company insiders have been buying stock.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.