Elisa Oyj Just Missed Earnings - But Analysts Have Updated Their Models
Shareholders might have noticed that Elisa Oyj (HEL:ELISA) filed its quarterly result this time last week. The early response was not positive, with shares down 8.5% to €32.58 in the past week. Revenues of €561m were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at €0.57, missing estimates by 10.0%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. 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 most recent consensus for Elisa Oyj from 16 analysts is for revenues of €2.30b in 2027. If met, it would imply a credible 2.4% increase on its revenue over the past 12 months. Per-share earnings are expected to expand 18% to €2.43. In the lead-up to this report, the analysts had been modelling revenues of €2.31b and earnings per share (EPS) of €2.47 in 2027. 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.
View our latest analysis for Elisa Oyj
The analysts reconfirmed their price target of €37.76, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Elisa Oyj, with the most bullish analyst valuing it at €50.00 and the most bearish at €26.50 per share. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The period to the end of 2027 brings more of the same, according to the analysts, with revenue forecast to display 1.9% growth on an annualised basis. That is in line with its 2.4% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 2.1% annually. It's clear that while Elisa Oyj's revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.
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. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as 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.
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 Elisa Oyj 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 2 warning signs for Elisa Oyj (1 is significant!) that we have uncovered.
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