The Emirates Integrated Telecommunications Company PJSC (DFM:DU) Yearly Results Are Out And Analysts Have Published New Forecasts

It's been a good week for Emirates Integrated Telecommunications Company PJSC (DFM:DU) shareholders, because the company has just released its latest full-year results, and the shares gained 3.2% to د.إ8.10. It was a credible result overall, with revenues of د.إ15b and statutory earnings per share of د.إ0.55 both in line with analyst estimates, showing that Emirates Integrated Telecommunications Company PJSC is executing in line with expectations. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Emirates Integrated Telecommunications Company PJSC after the latest results.

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 eight analysts is for revenues of د.إ15.3b in 2025. If met, it would imply a satisfactory 4.6% increase on its revenue over the past 12 months. Per-share earnings are expected to increase 3.0% to د.إ0.56. Before this earnings report, the analysts had been forecasting revenues of د.إ15.0b and earnings per share (EPS) of د.إ0.54 in 2025. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.

Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of د.إ8.42, suggesting that the forecast performance does not have a long term impact on the company's valuation. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Emirates Integrated Telecommunications Company PJSC analyst has a price target of د.إ9.00 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.

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. We can infer from the latest estimates that forecasts expect a continuation of Emirates Integrated Telecommunications Company PJSC'shistorical trends, as the 4.6% annualised revenue growth to the end of 2025 is roughly in line with the 4.7% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the 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 only growing at about the rate of the wider industry.

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. They also upgraded their revenue forecasts, although the latest estimates suggest that Emirates Integrated Telecommunications Company PJSC will grow in line with the overall industry. The consensus price target held steady at د.إ8.42, 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 Integrated Telecommunications Company PJSC going out to 2027, and you can see them free on our platform here..

Even so, be aware that Emirates Integrated Telecommunications Company PJSC is showing 1 warning sign in our investment analysis , you should know about...

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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.