It's been a good week for Atria Oyj (HEL:ATRAV) shareholders, because the company has just released its latest second-quarter results, and the shares gained 5.9% to €16.84. It looks like a credible result overall - although revenues of €481m were in line with what the analysts predicted, Atria Oyj surprised by delivering a statutory profit of €0.47 per share, a notable 15% above expectations. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Atria Oyj after the latest results.
Following last week's earnings report, Atria Oyj's twin analysts are forecasting 2026 revenues to be €1.90b, approximately in line with the last 12 months. Per-share earnings are expected to ascend 13% to €1.77. In the lead-up to this report, the analysts had been modelling revenues of €1.89b and earnings per share (EPS) of €1.70 in 2026. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.
Check out our latest analysis for Atria Oyj
The consensus price target rose 9.5% to €19.88, suggesting that higher earnings estimates flow through to the stock's valuation as well.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We can infer from the latest estimates that forecasts expect a continuation of Atria Oyj'shistorical trends, as the 4.0% annualised revenue growth to the end of 2026 is roughly in line with the 3.5% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 3.0% annually. So although Atria Oyj is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Atria Oyj's earnings potential next year. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.
With that in mind, we wouldn't be too quick to come to a conclusion on Atria Oyj. Long-term earnings power is much more important than next year's profits. We have analyst estimates for Atria Oyj going out as far as 2028, and you can see them free on our platform here.
That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Atria Oyj , and understanding them should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.