Elanders AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
It's been a good week for Elanders AB (publ) (STO:ELAN B) shareholders, because the company has just released its latest quarterly results, and the shares gained 5.9% to kr51.00. Results overall were not great, with earnings of kr0.42 per share falling drastically short of analyst expectations. Meanwhile revenues hit kr2.9b and were slightly better than forecasts. 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Following last week's earnings report, Elanders' twin analysts are forecasting 2026 revenues to be kr11.8b, approximately in line with the last 12 months. Statutory earnings per share are predicted to soar 223% to kr6.31. Before this earnings report, the analysts had been forecasting revenues of kr11.6b and earnings per share (EPS) of kr6.30 in 2026. 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.
See our latest analysis for Elanders
There were no changes to revenue or earnings estimates or the price target of kr89.83, suggesting that the company has met expectations in its recent result.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Elanders' past performance and to peers in the same industry. It's clear from the latest estimates that Elanders' rate of growth is expected to accelerate meaningfully, with the forecast 3.6% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 0.3% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 1.9% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Elanders is expected to grow much 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. Happily, there were no major changes to revenue forecasts, with the business still 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.
With that in mind, we wouldn't be too quick to come to a conclusion on Elanders. Long-term earnings power is much more important than next year's profits. At least one analyst has provided forecasts out to 2028, which can be seen for 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 Elanders (at least 1 which is potentially serious) , and understanding them should be part of your investment process.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.