Analysts Have Made A Financial Statement On GN Store Nord A/S' (CPH:GN) Second-Quarter Report
GN Store Nord A/S (CPH:GN) shareholders are probably feeling a little disappointed, since its shares fell 7.9% to kr.94.14 in the week after its latest second-quarter results. Revenues were in line with expectations, at kr.2.2b, while statutory losses ballooned to kr.0.15 per share. 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 collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
Following the recent earnings report, the consensus from eight analysts covering GN Store Nord is for revenues of kr.9.58b in 2026. This implies a painful 42% decline in revenue compared to the last 12 months. The company is forecast to report a statutory loss of kr.2.92 in 2026, a sharp decline from a profit over the last year. Before this earnings announcement, the analysts had been modelling revenues of kr.9.57b and losses of kr.1.50 per share in 2026. So it's pretty clear the analysts have mixed opinions on GN Store Nord even after this update; although they reconfirmed their revenue numbers, it came at the cost of a considerable increase to per-share losses.
View our latest analysis for GN Store Nord
The consensus price target held steady at kr.112, seemingly implying that the higher forecast losses are not expected to have a long term impact on the company's valuation. 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 GN Store Nord analyst has a price target of kr.132 per share, while the most pessimistic values it at kr.79.15. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.
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. Over the past five years, revenues have declined around 0.7% annually. Worse, forecasts are essentially predicting the decline to accelerate, with the estimate for an annualised 66% decline in revenue until the end of 2026. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 4.4% per year. So while a broad number of companies are forecast to grow, unfortunately GN Store Nord is expected to see its revenue affected worse than other companies in the industry.
The Bottom Line
The most important thing to note is the forecast of increased losses next year, suggesting all may not be well at GN Store Nord. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that GN Store Nord's revenue is expected to perform worse 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 GN Store Nord analysts - going out to 2028, and you can see them free on our platform here.
You still need to take note of risks, for example - GN Store Nord has 3 warning signs we think you should be aware of.
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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.