Multiplan Empreendimentos Imobiliários S.A. (BVMF:MULT3) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Investors in Multiplan Empreendimentos Imobiliários S.A. (BVMF:MULT3) had a good week, as its shares rose 5.6% to close at R$25.50 following the release of its first-quarter results. It was an okay report, and revenues came in at R$526m, approximately in line with analyst estimates leading up to the results announcement. 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 Multiplan Empreendimentos Imobiliários after the latest results.

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Taking into account the latest results, the nine analysts covering Multiplan Empreendimentos Imobiliários provided consensus estimates of R$2.45b revenue in 2025, which would reflect a noticeable 3.8% decline over the past 12 months. Statutory earnings per share are forecast to crater 25% to R$2.01 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of R$2.36b and earnings per share (EPS) of R$2.04 in 2025. There doesn't appear to have been a major change in sentiment following the results, other than the modest lift to revenue estimates.

View our latest analysis for Multiplan Empreendimentos Imobiliários

It may not be a surprise to see thatthe analysts have reconfirmed their price target of R$30.67, implying that the uplift in revenue is not expected to greatly contribute to Multiplan Empreendimentos Imobiliários's valuation in the near term. 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 Multiplan Empreendimentos Imobiliários, with the most bullish analyst valuing it at R$36.50 and the most bearish at R$28.00 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Multiplan Empreendimentos Imobiliários is an easy business to forecast or the the analysts are all using similar assumptions.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that revenue is expected to reverse, with a forecast 5.0% annualised decline to the end of 2025. That is a notable change from historical growth of 18% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 3.3% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Multiplan Empreendimentos Imobiliários is expected to lag 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 upgraded their revenue estimates, although our data indicates it is expected to perform worse than the wider industry. The consensus price target held steady at R$30.67, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Multiplan Empreendimentos Imobiliários going out to 2027, and you can see them free on our platform here..

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Multiplan Empreendimentos Imobiliários (1 is potentially serious) 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.