Emirates Telecommunications Group Company PJSC Just Recorded A 37% EPS Beat: Here's What Analysts Are Forecasting Next

The first-quarter results for Emirates Telecommunications Group Company PJSC (ADX:EAND) were released last week, making it a good time to revisit its performance. Revenues were د.إ17b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at د.إ0.62, an impressive 37% ahead of estimates. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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After the latest results, the nine analysts covering Emirates Telecommunications Group Company PJSC are now predicting revenues of د.إ69.2b in 2025. If met, this would reflect a meaningful 12% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to dip 8.9% to د.إ1.44 in the same period. In the lead-up to this report, the analysts had been modelling revenues of د.إ69.3b and earnings per share (EPS) of د.إ1.44 in 2025. 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 Emirates Telecommunications Group Company PJSC

The analysts reconfirmed their price target of د.إ19.10, showing that the business is executing well and in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Emirates Telecommunications Group Company PJSC at د.إ23.10 per share, while the most bearish prices it at د.إ17.20. 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 Emirates Telecommunications Group Company PJSC shareholders.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's clear from the latest estimates that Emirates Telecommunications Group Company PJSC's rate of growth is expected to accelerate meaningfully, with the forecast 16% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 2.4% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 3.9% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Emirates Telecommunications Group Company PJSC to grow faster than the wider 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. 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. The consensus price target held steady at د.إ19.10, 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. At Simply Wall St, we have a full range of analyst estimates for Emirates Telecommunications Group Company PJSC going out to 2027, and you can see them 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.