Royal Unibrew A/S (CPH:RBREW) Half-Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Royal Unibrew A/S (CPH:RBREW) shareholders are probably feeling a little disappointed, since its shares fell 6.2% to kr.436 in the week after its latest interim results. Revenues of kr.7.7b were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at kr.14.50, missing estimates by 3.6%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
Taking into account the latest results, Royal Unibrew's 15 analysts currently expect revenues in 2026 to be kr.15.9b, approximately in line with the last 12 months. Statutory per share are forecast to be kr.34.12, approximately in line with the last 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr.15.8b and earnings per share (EPS) of kr.34.41 in 2026. 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 Royal Unibrew
The analysts reconfirmed their price target of kr.490, showing that the business is executing well and in line with expectations. 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. There are some variant perceptions on Royal Unibrew, with the most bullish analyst valuing it at kr.570 and the most bearish at kr.425 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Royal Unibrew's revenue growth is expected to slow, with the forecast 0.4% annualised growth rate until the end of 2026 being well below the historical 13% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 3.9% per year. Factoring in the forecast slowdown in growth, it seems obvious that Royal Unibrew is also expected to grow slower than other industry participants.
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. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at kr.490, with the latest estimates not enough to have an impact on their price targets.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Royal Unibrew going out to 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 Royal Unibrew , and understanding these 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.