Blue Star Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Blue Star Limited (NSE:BLUESTARCO) investors will be delighted, with the company turning in some strong numbers with its latest results. The company beat forecasts, with revenue of ₹63b, some 2.4% above estimates, and statutory earnings per share (EPS) coming in at ₹6.03, 59% ahead of expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Taking into account the latest results, the current consensus from Blue Star's 26 analysts is for revenues of ₹144.3b in 2027. This would reflect a solid 8.5% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to rise 7.2% to ₹27.85. Before this earnings report, the analysts had been forecasting revenues of ₹142.9b and earnings per share (EPS) of ₹28.15 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.

See our latest analysis for Blue Star

The analysts reconfirmed their price target of ₹1,666, showing that the business is executing well and in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Blue Star analyst has a price target of ₹2,035 per share, while the most pessimistic values it at ₹1,140. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of Blue Star'shistorical trends, as the 18% annualised revenue growth to the end of 2027 is roughly in line with the 17% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 14% annually. So it's pretty clear that Blue Star is forecast to grow substantially faster than its industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider 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 estimates - from multiple Blue Star analysts - going out to 2029, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 1 warning sign for Blue Star you should be aware of.

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