Emirates Telecommunications Group Company PJSC Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Emirates Telecommunications Group Company PJSC (ADX:EAND) just released its latest quarterly results and things are looking bullish. It was overall a positive result, with revenues beating expectations by 2.2% to hit د.إ14b. Emirates Telecommunications Group Company PJSC reported statutory earnings per share (EPS) د.إ0.34, which was a notable 13% above what the analyst had forecast. 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. So we gathered the latest post-earnings forecasts to see what estimate suggests is in store for next year.

See our latest analysis for Emirates Telecommunications Group Company PJSC

Taking into account the latest results, the current consensus from Emirates Telecommunications Group Company PJSC's lone analyst is for revenues of د.إ65.5b in 2025. This would reflect a solid 16% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to climb 12% to د.إ1.42. Yet prior to the latest earnings, the analyst had been anticipated revenues of د.إ59.6b and earnings per share (EPS) of د.إ1.30 in 2025. It looks like there's been a modest increase in sentiment following the latest results, withthe analyst becoming a bit more optimistic in their predictions for both revenues and earnings.

Althoughthe analyst has upgraded their earnings estimates, there was no change to the consensus price target of د.إ19.27, suggesting that the forecast performance does not have a long term impact on the company's valuation.

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 analyst is definitely expecting Emirates Telecommunications Group Company PJSC's growth to accelerate, with the forecast 13% annualised growth to the end of 2025 ranking favourably alongside historical growth of 1.2% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 4.0% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Emirates Telecommunications Group Company PJSC is expected to grow much faster than its industry.

The Bottom Line

The most important thing here is that the analyst upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Emirates Telecommunications Group Company PJSC 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. The consensus price target held steady at د.إ19.27, with the latest estimates not enough to have an impact on their price target.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2026, which can be seen for free on our platform here.

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Emirates Telecommunications Group Company PJSC , and understanding these should be part of your investment process.

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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.