Tesco Future Growth

Future criteria checks 1/6

Tesco is forecast to grow earnings and revenue by 5.2% and 2.4% per annum respectively. EPS is expected to grow by 8.5% per annum. Return on equity is forecast to be 17.8% in 3 years.

Key information

5.2%

Earnings growth rate

8.5%

EPS growth rate

Consumer Retailing earnings growth8.1%
Revenue growth rate2.4%
Future return on equity17.8%
Analyst coverage

Good

Last updated15 Apr 2025

Recent future growth updates

Recent updates

Tesco's (LON:TSCO) Soft Earnings Don't Show The Whole Picture

Apr 17
Tesco's (LON:TSCO) Soft Earnings Don't Show The Whole Picture

Tesco (LON:TSCO) Has Announced That It Will Be Increasing Its Dividend To £0.0945

Apr 13
Tesco (LON:TSCO) Has Announced That It Will Be Increasing Its Dividend To £0.0945

Investors Don't See Light At End Of Tesco PLC's (LON:TSCO) Tunnel

Mar 30
Investors Don't See Light At End Of Tesco PLC's (LON:TSCO) Tunnel

Here's Why Tesco (LON:TSCO) Has Caught The Eye Of Investors

Feb 21
Here's Why Tesco (LON:TSCO) Has Caught The Eye Of Investors

Tesco (LON:TSCO) Has A Pretty Healthy Balance Sheet

Feb 05
Tesco (LON:TSCO) Has A Pretty Healthy Balance Sheet

Is Tesco PLC (LON:TSCO) Trading At A 41% Discount?

Dec 16
Is Tesco PLC (LON:TSCO) Trading At A 41% Discount?
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Unleashing Digital Innovation And Premium Products To Outperform In Competitive Markets

Nov 07 Tesco's digital investment and omnichannel expansion are set to drive revenue growth by enhancing convenience and product variety for customers.

Is Tesco (LON:TSCO) Using Too Much Debt?

Oct 24
Is Tesco (LON:TSCO) Using Too Much Debt?

Tesco (LON:TSCO) Will Pay A Dividend Of £0.0425

Oct 06
Tesco (LON:TSCO) Will Pay A Dividend Of £0.0425

Investors Don't See Light At End Of Tesco PLC's (LON:TSCO) Tunnel

Sep 23
Investors Don't See Light At End Of Tesco PLC's (LON:TSCO) Tunnel

Is Tesco PLC (LON:TSCO) Trading At A 31% Discount?

Jul 23
Is Tesco PLC (LON:TSCO) Trading At A 31% Discount?

There's No Escaping Tesco PLC's (LON:TSCO) Muted Earnings

Jun 17
There's No Escaping Tesco PLC's (LON:TSCO) Muted Earnings

Is Tesco (LON:TSCO) A Risky Investment?

May 30
Is Tesco (LON:TSCO) A Risky Investment?

Earnings and Revenue Growth Forecasts

LSE:TSCO - Analysts future estimates and past financials data (GBP Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
2/29/202875,5311,8621,9803,91611
2/28/202773,7121,7901,9413,74314
2/28/202671,9591,7201,6623,60913
2/22/202569,9161,6001,3832,922N/A
8/24/202469,1591,8972,2003,570N/A
5/24/202468,6731,8292,3273,705N/A
2/24/202468,1871,7602,4533,839N/A
8/26/202366,6041,2972,8554,209N/A
5/26/202365,9639782,6643,966N/A
2/25/202365,3226592,4723,722N/A
11/25/202264,3857992,3993,603N/A
8/27/202263,4479382,3263,484N/A
5/27/202262,3961,2302,4533,621N/A
2/26/202261,3441,5212,5793,757N/A
11/26/202160,4651,2441,1882,429N/A
8/28/202159,585966-2041,100N/A
5/28/202158,736747-489851N/A
2/27/202157,887528-775602N/A
11/27/202058,092775-886469N/A
8/29/202058,297833-997336N/A
5/29/202058,194785-1,076192N/A
2/29/202058,091736-1,15648N/A
11/30/201959,3909831201,362N/A
8/24/201960,6891,2291,3952,675N/A
5/24/201962,3001,2511,3282,614N/A
2/23/201963,9111,2721,2602,552N/A
11/23/201862,4001,092N/A2,730N/A
8/25/201860,888911N/A2,907N/A
5/25/201859,191952N/A2,856N/A
2/24/201857,493992N/A2,805N/A
11/24/201757,206722N/A2,491N/A
8/26/201756,918451N/A2,176N/A
5/26/201756,418262N/A2,083N/A
2/25/201755,91772N/A1,989N/A
11/25/201655,111164N/A2,334N/A
8/27/201654,305255N/A2,679N/A
5/27/201654,119260N/A2,403N/A
2/27/201653,933265N/A2,126N/A
11/27/201554,979-2,649N/A1,118N/A
8/29/201556,025-5,564N/A109N/A
5/29/201556,475-5,601N/A297N/A
2/28/201556,925-5,639N/A484N/A
11/30/201458,217-2,442N/A1,625N/A
8/23/201459,509754N/A2,765N/A
5/23/201461,5331,335N/A2,975N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TSCO's forecast earnings growth (5.2% per year) is above the savings rate (2.3%).

Earnings vs Market: TSCO's earnings (5.2% per year) are forecast to grow slower than the UK market (13.9% per year).

High Growth Earnings: TSCO's earnings are forecast to grow, but not significantly.

Revenue vs Market: TSCO's revenue (2.4% per year) is forecast to grow slower than the UK market (3.9% per year).

High Growth Revenue: TSCO's revenue (2.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TSCO's Return on Equity is forecast to be low in 3 years time (17.8%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/25 01:25
End of Day Share Price 2025/04/25 00:00
Earnings2025/02/22
Annual Earnings2025/02/22

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tesco PLC is covered by 48 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Philip DorganAltium Capital Limited
Jean-Marie L’HomeAurel BGC
Timothy AttenboroughBanco Santander