BTS Group AB (publ) Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
It's been a good week for BTS Group AB (publ) (STO:BTS B) shareholders, because the company has just released its latest second-quarter results, and the shares gained 2.9% to kr185. Revenues of kr767m beat expectations by 8.8%. Unfortunately statutory earnings per share (EPS) fell well short of the mark, turning in a loss of kr6.00 compared to previous analyst expectations of a profit. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Taking into account the latest results, the current consensus from BTS Group's three analysts is for revenues of kr2.81b in 2026. This would reflect a modest 3.8% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to soar 28% to kr6.27. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr2.70b and earnings per share (EPS) of kr9.06 in 2026. So it's pretty clear the analysts have mixed opinions on BTS Group after the latest results; even though they upped their revenue numbers, it came at the cost of a large cut to per-share earnings expectations.
Check out our latest analysis for BTS Group
The consensus price target was unchanged at kr175, suggesting the business is performing roughly in line with expectations, despite some adjustments to profit and revenue forecasts.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the BTS Group's past performance and to peers in the same industry. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 7.8% growth on an annualised basis. That is in line with its 7.9% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 4.9% per year. So it's pretty clear that BTS Group is forecast to grow substantially faster than its industry.
The Bottom Line
The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is 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 BTS Group. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple BTS Group analysts - going out to 2028, and you can see them free on our platform here.
Before you take the next step you should know about the 3 warning signs for BTS Group that we have uncovered.
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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.