Analysts Have Made A Financial Statement On Gaztransport & Technigaz SA's (EPA:GTT) Half-Yearly Report
Last week saw the newest interim earnings release from Gaztransport & Technigaz SA (EPA:GTT), an important milestone in the company's journey to build a stronger business. The result was positive overall - although revenues of €387m were in line with what the analysts predicted, Gaztransport & Technigaz surprised by delivering a statutory profit of €5.68 per share, modestly greater than expected. 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Taking into account the latest results, the current consensus, from the eleven analysts covering Gaztransport & Technigaz, is for revenues of €766.8m in 2026. This implies a perceptible 4.4% reduction in Gaztransport & Technigaz's revenue over the past 12 months. Statutory earnings per share are forecast to shrink 6.5% to €11.19 in the same period. In the lead-up to this report, the analysts had been modelling revenues of €766.5m and earnings per share (EPS) of €11.34 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 Gaztransport & Technigaz
There were no changes to revenue or earnings estimates or the price target of €221, suggesting that the company has met expectations in its recent result. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Gaztransport & Technigaz at €250 per share, while the most bearish prices it at €183. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 8.5% by the end of 2026. This indicates a significant reduction from annual growth of 24% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 0.8% annually for the foreseeable future. It's pretty clear that Gaztransport & Technigaz's revenues are expected to perform substantially worse than the wider industry.
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. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Gaztransport & Technigaz's revenue is expected to perform worse than the wider industry. The consensus price target held steady at €221, with the latest estimates not enough to have an impact on their price targets.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Gaztransport & Technigaz going out to 2028, and you can see them free on our platform here..
And what about risks? Every company has them, and we've spotted 1 warning sign for Gaztransport & Technigaz you should know about.
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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.