Analyst Estimates: Here's What Brokers Think Of MLP SE (ETR:MLP) After Its Third-Quarter Report

MLP SE (ETR:MLP) came out with its quarterly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. MLP beat revenue expectations by 4.0%, at €249m. Statutory earnings per share (EPS) came in at €0.09, some 2.5% short of analyst estimates. 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

See our latest analysis for MLP

Taking into account the latest results, MLP's twin analysts currently expect revenues in 2025 to be €1.05b, approximately in line with the last 12 months. Statutory earnings per share are predicted to swell 10% to €0.65. Yet prior to the latest earnings, the analysts had been anticipated revenues of €1.04b and earnings per share (EPS) of €0.62 in 2025. So the consensus seems to have become somewhat more optimistic on MLP's earnings potential following these results.

There's been no major changes to the consensus price target of €10.50, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that MLP's revenue growth is expected to slow, with the forecast 0.4% annualised growth rate until the end of 2025 being well below the historical 8.1% 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 0.9% 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 MLP.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around MLP's earnings potential next year. 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.

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 least one analyst has provided forecasts out to 2026, which can be seen for free on our platform here.

It is also worth noting that we have found 1 warning sign for MLP that you need to take into consideration.

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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.