Aldar Properties PJSC Just Missed EPS By 5.2%: Here's What Analysts Think Will Happen Next
As you might know, Aldar Properties PJSC (ADX:ALDAR) recently reported its quarterly numbers. It looks like the results were a bit of a negative overall. While revenues of د.إ8.0b were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 5.2% to hit د.إ0.19 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Aldar Properties PJSC after the latest results.
Taking into account the latest results, the current consensus from Aldar Properties PJSC's nine analysts is for revenues of د.إ38.6b in 2026. This would reflect a huge 28% increase on its revenue over the past 12 months. Per-share earnings are expected to leap 30% to د.إ1.10. In the lead-up to this report, the analysts had been modelling revenues of د.إ38.5b and earnings per share (EPS) of د.إ1.10 in 2026. 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 Aldar Properties PJSC
The analysts reconfirmed their price target of د.إ11.22, showing that the business is executing well and in line with expectations. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic Aldar Properties PJSC analyst has a price target of د.إ14.00 per share, while the most pessimistic values it at د.إ9.70. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Aldar Properties PJSC shareholders.
Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Aldar Properties PJSC's revenue growth is expected to slow, with the forecast 22% annualised growth rate until the end of 2026 being well below the historical 29% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 17% per year. Even after the forecast slowdown in growth, it seems obvious that Aldar Properties PJSC is also expected to grow faster 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, 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.
With that in mind, we wouldn't be too quick to come to a conclusion on Aldar Properties PJSC. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Aldar Properties PJSC going out to 2027, and you can see them free on our platform here..
You can also see whether Aldar Properties PJSC is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.
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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.