Lindex Group Oyj (HEL:LINDEX) investors will be delighted, with the company turning in some strong numbers with its latest results. It was overall a positive result, with revenues beating expectations by 2.8% to hit €242m. Lindex Group Oyj also reported a statutory profit of €0.07, which was an impressive 75% above what the analyst had forecast. Following the result, the analyst has updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimate to see what could be in store for next year.
Taking into account the latest results, Lindex Group Oyj's sole analyst currently expect revenues in 2027 to be €995.0m, approximately in line with the last 12 months. Statutory earnings per share are expected to drop 12% to €0.21 in the same period. Before this earnings report, the analyst had been forecasting revenues of €991.0m and earnings per share (EPS) of €0.19 in 2027. Although the revenue estimates have not really changed, we can see there's been a solid gain to earnings per share expectations, suggesting that the analyst has become more bullish after the latest result.
See our latest analysis for Lindex Group Oyj
The analyst has been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 11% to €3.00.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. The analyst is definitely expecting Lindex Group Oyj's growth to accelerate, with the forecast 1.2% annualised growth to the end of 2027 ranking favourably alongside historical growth of 0.6% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to see revenue growth of 9.3% annually. So it's clear that despite the acceleration in growth, Lindex Group Oyj is expected to grow meaningfully slower than the industry average.
The most important thing here is that the analyst upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Lindex Group Oyj following these results. Fortunately, the analyst also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Lindex Group Oyj's revenue is expected to perform worse than the wider industry. We note an upgrade to the price target, suggesting that the analyst believes the intrinsic value of the business is likely to improve over time.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for Lindex Group Oyj going out as far as 2028, and you can see them free on our platform here.
We also provide an overview of the Lindex Group Oyj Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.
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