Last week saw the newest second-quarter earnings release from GCC, S.A.B. de C.V. (BMV:GCC), an important milestone in the company's journey to build a stronger business. GCC. de beat revenue expectations by 4.2%, at US$418m. Statutory earnings per share (EPS) came in at US$0.23, some 3.7% short of analyst 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Taking into account the latest results, GCC. de's nine analysts currently expect revenues in 2026 to be US$1.54b, approximately in line with the last 12 months. Per-share earnings are expected to increase 4.5% to US$0.98. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$1.53b and earnings per share (EPS) of US$0.99 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
View our latest analysis for GCC. de
The analysts reconfirmed their price target of Mex$255, showing that the business is executing well and in line with expectations. 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. The most optimistic GCC. de analyst has a price target of Mex$301 per share, while the most pessimistic values it at Mex$231. As you can see the range of estimates is wide, with the lowest valuation coming in at less than half the most bullish estimate, suggesting there are some strongly diverging views on how analysts think this business will perform. As a result it might not be a great idea to make decisions based on the consensus price target, which is after all just an average of this wide range of estimates.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that GCC. de's revenue growth is expected to slow, with the forecast 3.6% annualised growth rate until the end of 2026 being well below the historical 7.6% p.a. growth over the last five years. Compare this to the 19 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 3.7% per year. Factoring in the forecast slowdown in growth, it looks like GCC. de is forecast to grow at about the same rate as the wider industry.
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at Mex$255, with the latest estimates not enough to have an impact on their price targets.
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 GCC. de going out to 2028, and you can see them free on our platform here.
You can also see our analysis of GCC. de's Board and CEO remuneration and experience, and whether company insiders have been buying stock.
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