Flughafen Zürich AG (VTX:FHZN) Yearly Results: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that Flughafen Zürich AG (VTX:FHZN) released its annual result to the market. The early response was not positive, with shares down 3.2% to CHF214 in the past week. Results were roughly in line with estimates, with revenues of CHF1.3b and statutory earnings per share of CHF10.64. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

View our latest analysis for Flughafen Zürich

After the latest results, the 14 analysts covering Flughafen Zürich are now predicting revenues of CHF1.38b in 2025. If met, this would reflect a modest 4.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to accumulate 2.3% to CHF10.88. In the lead-up to this report, the analysts had been modelling revenues of CHF1.40b and earnings per share (EPS) of CHF11.08 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

There were no changes to revenue or earnings estimates or the price target of CHF234, suggesting that the company has met expectations in its recent result. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Flughafen Zürich analyst has a price target of CHF270 per share, while the most pessimistic values it at CHF181. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Flughafen Zürich's revenue growth is expected to slow, with the forecast 4.1% annualised growth rate until the end of 2025 being well below the historical 11% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 3.3% annually. Factoring in the forecast slowdown in growth, it looks like Flughafen Zürich is forecast to grow at about the same rate as the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall 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.

With that in mind, we wouldn't be too quick to come to a conclusion on Flughafen Zürich. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Flughafen Zürich going out to 2027, and you can see them free on our platform here..

And what about risks? Every company has them, and we've spotted 1 warning sign for Flughafen Zürich you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.