Emirates Telecommunications Group Company PJSC Just Beat EPS By 6.0%: Here's What Analysts Think Will Happen Next

A week ago, Emirates Telecommunications Group Company PJSC (ADX:EAND) came out with a strong set of quarterly numbers that could potentially lead to a re-rate of the stock. The company beat expectations with revenues of د.إ19b arriving 3.0% ahead of forecasts. Statutory earnings per share (EPS) were د.إ0.34, 6.0% ahead of estimates. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

Taking into account the latest results, the consensus forecast from Emirates Telecommunications Group Company PJSC's ten analysts is for revenues of د.إ75.9b in 2026. This reflects a meaningful 8.3% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to shrink 8.7% to د.إ1.48 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of د.إ75.6b and earnings per share (EPS) of د.إ1.47 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.

See our latest analysis for Emirates Telecommunications Group Company PJSC

It will come as no surprise then, to learn that the consensus price target is largely unchanged at د.إ19.68. 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. There are some variant perceptions on Emirates Telecommunications Group Company PJSC, with the most bullish analyst valuing it at د.إ23.10 and the most bearish at د.إ17.50 per share. This is a very narrow spread of estimates, implying either that Emirates Telecommunications Group Company PJSC is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Emirates Telecommunications Group Company PJSC's past performance and to peers in the same industry. The analysts are definitely expecting Emirates Telecommunications Group Company PJSC's growth to accelerate, with the forecast 6.6% annualised growth to the end of 2026 ranking favourably alongside historical growth of 4.5% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 3.7% 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 obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at د.إ19.68, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for Emirates Telecommunications Group Company PJSC going out to 2027, and you can see them free on our platform here.

However, before you get too enthused, we've discovered 2 warning signs for Emirates Telecommunications Group Company PJSC that you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.