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The Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna (WSE:PKO) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
Investors in Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna (WSE:PKO) had a good week, as its shares rose 2.0% to close at zł115 following the release of its quarterly results. Results were roughly in line with estimates, with revenues of zł7.9b and statutory earnings per share of zł8.55. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna after the latest results.
After the latest results, the ten analysts covering Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna are now predicting revenues of zł33.6b in 2027. If met, this would reflect a decent 14% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to bounce 24% to zł10.85. In the lead-up to this report, the analysts had been modelling revenues of zł33.6b and earnings per share (EPS) of zł10.85 in 2027. 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.
Check out our latest analysis for Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna
It will come as no surprise then, to learn that the consensus price target is largely unchanged at zł121. 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. Currently, the most bullish analyst values Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna at zł141 per share, while the most bearish prices it at zł109. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.
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 Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna's revenue growth is expected to slow, with the forecast 11% annualised growth rate until the end of 2027 being well below the historical 19% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 5.9% per year. So it's pretty clear that, while Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.
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 major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at zł121, 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 estimates - from multiple Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna analysts - going out to 2028, and you can see them free on our platform here.
Plus, you should also learn about the 1 warning sign we've spotted with Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna .
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