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Results: Hoist Finance AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts
As you might know, Hoist Finance AB (publ) (STO:HOFI) just kicked off its latest quarterly results with some very strong numbers. Hoist Finance beat earnings, with revenues hitting kr1.4b, ahead of expectations, and statutory earnings per share outperforming analyst reckonings by a solid 10%. Following the result, the analysts have 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. 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, the consensus forecast from Hoist Finance's dual analysts is for revenues of kr6.06b in 2027. This reflects a decent 17% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to accumulate 9.3% to kr18.07. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr5.95b and earnings per share (EPS) of kr18.40 in 2027. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
Check out our latest analysis for Hoist Finance
The analysts reconfirmed their price target of kr205, showing that the business is executing well and in line with expectations.
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. We would highlight that Hoist Finance's revenue growth is expected to slow, with the forecast 13% annualised growth rate until the end of 2027 being well below the historical 18% p.a. growth over the last five years. Compare this to the 33 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 13% per year. So it's pretty clear that, while Hoist Finance's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.
The Bottom Line
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. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
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 Hoist Finance going out as far as 2028, and you can see them free on our platform here.
It is also worth noting that we have found 2 warning signs for Hoist Finance that you need to take into consideration.
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