Analysts Have Made A Financial Statement On Emirates Integrated Telecommunications Company PJSC's (DFM:DU) Third-Quarter Report

It's been a good week for Emirates Integrated Telecommunications Company PJSC (DFM:DU) shareholders, because the company has just released its latest third-quarter results, and the shares gained 3.7% to د.إ7.49. Emirates Integrated Telecommunications Company PJSC reported in line with analyst predictions, delivering revenues of د.إ3.6b and statutory earnings per share of د.إ0.37, suggesting the business is executing well and in line with its plan. 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.

See our latest analysis for Emirates Integrated Telecommunications Company PJSC

Taking into account the latest results, the most recent consensus for Emirates Integrated Telecommunications Company PJSC from four analysts is for revenues of د.إ14.7b in 2025. If met, it would imply a satisfactory 2.5% increase on its revenue over the past 12 months. Statutory per-share earnings are expected to be د.إ0.50, roughly flat on the last 12 months. Before this earnings report, the analysts had been forecasting revenues of د.إ14.7b and earnings per share (EPS) of د.إ0.48 in 2025. So the consensus seems to have become somewhat more optimistic on Emirates Integrated Telecommunications Company PJSC's earnings potential following these results.

There's been no major changes to the consensus price target of د.إ7.79, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. 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 Emirates Integrated Telecommunications Company PJSC analyst has a price target of د.إ8.95 per share, while the most pessimistic values it at د.إ6.70. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

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 pretty clear that there is an expectation that Emirates Integrated Telecommunications Company PJSC's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 2.0% growth on an annualised basis. This is compared to a historical growth rate of 3.7% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 3.8% annually. Factoring in the forecast slowdown in growth, it seems obvious that Emirates Integrated Telecommunications Company PJSC is also expected to grow slower than other industry participants.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Emirates Integrated Telecommunications Company PJSC's earnings potential next year. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Emirates Integrated Telecommunications Company PJSC's revenue is expected to perform worse 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.

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 Integrated Telecommunications Company PJSC going out to 2026, and you can see them free on our platform here.

Plus, you should also learn about the 1 warning sign we've spotted with Emirates Integrated Telecommunications Company PJSC .

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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.