Analysts Are Updating Their Scout24 SE (ETR:G24) Estimates After Its Third-Quarter Results

Investors in Scout24 SE (ETR:G24) had a good week, as its shares rose 4.8% to close at €89.10 following the release of its third-quarter results. It was a workmanlike result, with revenues of €198m coming in 2.2% ahead of expectations, and statutory earnings per share of €3.33, in line with analyst appraisals. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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Taking into account the latest results, the consensus forecast from Scout24's 17 analysts is for revenues of €851.5m in 2027. This reflects a decent 16% improvement in revenue compared to the last 12 months. Per-share earnings are expected to swell 19% to €4.42. Before this earnings report, the analysts had been forecasting revenues of €850.6m and earnings per share (EPS) of €4.39 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 Scout24

There were no changes to revenue or earnings estimates or the price target of €107, suggesting that the company has met expectations in its recent result. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Scout24 at €140 per share, while the most bearish prices it at €80.00. 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.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Scout24's past performance and to peers in the same industry. We can infer from the latest estimates that forecasts expect a continuation of Scout24'shistorical trends, as the 12% annualised revenue growth to the end of 2027 is roughly in line with the 13% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 8.3% per year. So it's pretty clear that Scout24 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. 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. 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.

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. At Simply Wall St, we have a full range of analyst estimates for Scout24 going out to 2028, and you can see them free on our platform here..

Before you take the next step you should know about the 1 warning sign for Scout24 that we have uncovered.

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