Emirates Integrated Telecommunications Company PJSC (DFM:DU) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Emirates Integrated Telecommunications Company PJSC (DFM:DU) last week reported its latest first-quarter results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. Emirates Integrated Telecommunications Company PJSC reported in line with analyst predictions, delivering revenues of د.إ3.8b and statutory earnings per share of د.إ0.55, 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.

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Following the latest results, Emirates Integrated Telecommunications Company PJSC's seven analysts are now forecasting revenues of د.إ15.6b in 2025. This would be a credible 5.0% improvement in revenue compared to the last 12 months. Statutory per share are forecast to be د.إ0.58, approximately in line with the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of د.إ15.3b and earnings per share (EPS) of د.إ0.57 in 2025. There doesn't appear to have been a major change in sentiment following the results, other than the small increase to revenue estimates.

See our latest analysis for Emirates Integrated Telecommunications Company PJSC

Even though revenue forecasts increased, there was no change to the consensus price target of د.إ9.17, suggesting the analysts are focused on earnings as the driver of value creation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Emirates Integrated Telecommunications Company PJSC at د.إ10.30 per share, while the most bearish prices it at د.إ8.50. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Emirates Integrated Telecommunications Company PJSC is an easy business to forecast or the the analysts are all using similar assumptions.

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. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 6.7% growth on an annualised basis. That is in line with its 5.6% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 3.8% per year. So although Emirates Integrated Telecommunications Company PJSC is expected to maintain its revenue growth rate, it's definitely expected 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. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. The consensus price target held steady at د.إ9.17, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Emirates Integrated Telecommunications Company PJSC. Long-term earnings power is much more important than next year's profits. We have forecasts for Emirates Integrated Telecommunications Company PJSC going out to 2027, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 1 warning sign for Emirates Integrated Telecommunications Company PJSC you should be aware of.

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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.