Earnings Miss: Bossard Holding AG Missed EPS By 5.5% And Analysts Are Revising Their Forecasts

Bossard Holding AG (VTX:BOSN) shareholders are probably feeling a little disappointed, since its shares fell 6.3% to CHF201 in the week after its latest full-year results. Revenues of CHF1.1b were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at CHF9.64, missing estimates by 5.5%. 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.

View our latest analysis for Bossard Holding

Following last week's earnings report, Bossard Holding's seven analysts are forecasting 2024 revenues to be CHF1.07b, approximately in line with the last 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of CHF1.07b and earnings per share (EPS) of CHF10.76 in 2024. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.

We'd also point out that thatthe analysts have made no major changes to their price target of CHF212. 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. The most optimistic Bossard Holding analyst has a price target of CHF295 per share, while the most pessimistic values it at CHF169. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

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. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 0.1% by the end of 2024. This indicates a significant reduction from annual growth of 7.2% 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 3.2% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Bossard Holding is expected to lag the wider industry.

The Bottom Line

The most important thing to take away is that the analysts reconfirmed their revenue estimates for next year, suggesting that the business is performing in line with expectations. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Bossard Holding'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.

We have estimates for Bossard Holding from its seven analysts out to 2026, and you can see them free on our platform here.

Before you take the next step you should know about the 2 warning signs for Bossard Holding that we have uncovered.

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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.