Analysts Are Updating Their Catering International & Services Société Anonyme (EPA:ALCIS) Estimates After Its Half-Year Results
Catering International & Services Société Anonyme (EPA:ALCIS) shareholders are probably feeling a little disappointed, since its shares fell 2.8% to €21.20 in the week after its latest half-year results. It was a workmanlike result, with revenues of €275m coming in 3.1% ahead of expectations, and statutory earnings per share of €1.13, in line with analyst appraisals. This is an important time for investors, as they can track a company's performance in its report, look at what expert is forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analyst latest (statutory) post-earnings forecasts for next year.
Taking into account the latest results, the consensus forecast from Catering International & Services Société Anonyme's lone analyst is for revenues of €559.9m in 2026. This reflects a modest 6.1% improvement in revenue compared to the last 12 months. Before this earnings report, the analyst had been forecasting revenues of €562.3m and earnings per share (EPS) of €1.84 in 2026. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.
View our latest analysis for Catering International & Services Société Anonyme
We'd also point out that thatthe analyst has made no major changes to their price target of €24.10.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We can infer from the latest estimates that forecasts expect a continuation of Catering International & Services Société Anonyme'shistorical trends, as the 12% annualised revenue growth to the end of 2026 is roughly in line with the 15% 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 5.2% per year. So it's pretty clear that Catering International & Services Société Anonyme is forecast to grow substantially faster than its industry.
The Bottom Line
The clear take away from these updates is that the analyst made no change to their revenue estimates for next year, with the business apparently performing in line with their models. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue 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.
We have estimates for Catering International & Services Société Anonyme from one covering analyst, and you can see them free on our platform here.
You still need to take note of risks, for example - Catering International & Services Société Anonyme has 1 warning sign we think you should be aware of.
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