Analysts Have Made A Financial Statement On Superior Plus Corp.'s (TSE:SPB) Third-Quarter Report

Superior Plus Corp. (TSE:SPB) missed earnings with its latest third-quarter results, disappointing overly-optimistic forecasters. It definitely looks like a negative result overall with revenues falling 15% short of analyst estimates at US$340m. Statutory losses were US$0.47 per share, 70% bigger than what the analysts expected. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Taking into account the latest results, the current consensus from Superior Plus' six analysts is for revenues of US$2.62b in 2026. This would reflect a credible 5.9% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to jump 575% to US$0.48. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$2.67b and earnings per share (EPS) of US$0.47 in 2026. 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.

Check out our latest analysis for Superior Plus

The analysts reconfirmed their price target of CA$9.73, 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. There are some variant perceptions on Superior Plus, with the most bullish analyst valuing it at CA$12.00 and the most bearish at CA$7.50 per share. 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 Superior Plus shareholders.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Superior Plus' revenue growth is expected to slow, with the forecast 4.7% annualised growth rate until the end of 2026 being well below the historical 9.6% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 6.1% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Superior Plus.

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. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will 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.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for Superior Plus 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 2 warning signs for Superior Plus you should be aware of, and 1 of them can't be ignored.

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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.