Ernst Russ Future Growth

Future criteria checks 0/6

Ernst Russ's revenue and earnings are forecast to decline at 6.6% and 19.3% per annum respectively while EPS is expected to decline by 19.2% per annum.

Key information

-19.3%

Earnings growth rate

-19.2%

EPS growth rate

Capital Markets earnings growth	9.1%
Revenue growth rate	-6.6%
Future return on equity	n/a
Analyst coverage	Low
Last updated	16 Dec 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:HXCK - Analysts future estimates and past financials data (EUR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	154	31	N/A	N/A	1
12/31/2025	155	35	N/A	N/A	1
12/31/2024	165	39	N/A	N/A	1
9/30/2024	182	53	N/A	N/A	N/A
6/30/2024	194	61	40	102	N/A
3/31/2024	201	59	N/A	N/A	N/A
12/31/2023	203	55	-8	90	N/A
9/30/2023	209	50	N/A	N/A	N/A
6/30/2023	200	39	54	93	N/A
3/31/2023	211	48	N/A	N/A	N/A
12/31/2022	192	47	65	99	N/A
9/30/2022	167	39	N/A	N/A	N/A
6/30/2022	142	37	38	71	N/A
3/31/2022	111	25	N/A	N/A	N/A
12/31/2021	93	16	36	40	N/A
9/30/2021	78	11	N/A	N/A	N/A
6/30/2021	67	7	-5	17	N/A
3/31/2021	58	4	N/A	N/A	N/A
12/31/2020	56	4	-13	8	N/A
9/30/2020	61	5	N/A	N/A	N/A
6/30/2020	67	4	11	15	N/A
3/31/2020	63	2	N/A	N/A	N/A
12/31/2019	59	2	-1	12	N/A
9/30/2019	53	3	-5	6	N/A
6/30/2019	46	4	-9	0	N/A
3/31/2019	50	5	-5	0	N/A
12/31/2018	53	6	-1	-1	N/A
9/30/2018	52	5	-2	-2	N/A
6/30/2018	51	4	N/A	-3	N/A
3/31/2018	48	5	N/A	-3	N/A
12/31/2017	44	6	N/A	-4	N/A
9/30/2017	44	7	N/A	-3	N/A
6/30/2017	44	9	N/A	-3	N/A
3/31/2017	42	7	N/A	1	N/A
12/31/2016	40	6	N/A	5	N/A
9/30/2016	34	4	N/A	N/A	N/A
6/30/2016	28	1	N/A	5	N/A
3/31/2016	24	1	N/A	3	N/A
12/31/2015	21	1	N/A	0	N/A
9/30/2015	20	3	N/A	N/A	N/A
6/30/2015	19	5	N/A	4	N/A
3/31/2015	20	3	N/A	4	N/A
12/31/2014	20	0	N/A	3	N/A
9/30/2014	22	-1	N/A	N/A	N/A
6/30/2014	24	-1	N/A	2	N/A
3/31/2014	25	0	N/A	1	N/A
12/31/2013	26	0	N/A	1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HXCK's earnings are forecast to decline over the next 3 years (-19.3% per year).

Earnings vs Market: HXCK's earnings are forecast to decline over the next 3 years (-19.3% per year).

High Growth Earnings: HXCK's earnings are forecast to decline over the next 3 years.

Revenue vs Market: HXCK's revenue is expected to decline over the next 3 years (-6.6% per year).

High Growth Revenue: HXCK's revenue is forecast to decline over the next 3 years (-6.6% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if HXCK's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 11:53
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ernst Russ AG is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Klaus Soer	Quirin PrivatBank AG
Christian Cohrs	Warburg Research GmbH
Christian Muschick	Westend Brokers Research Gmbh

Ernst Russ Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased by 18% to €6.80

Ernst Russ Ag Raises Earnings Guidance for Full Year 2023

Price target increased to €9.00

Ernst Russ AG Provides Earnings Guidance for the Year 2022

Price target increased to €8.80

Ernst Russ AG Revises Earnings Guidance for Fiscal Year 2022

Recent updates

Third quarter 2024 earnings released: EPS: €0.29 (vs €0.57 in 3Q 2023)

New minor risk - Earnings quality

Second quarter 2024 earnings released

Investor sentiment improves as stock rises 27%

Investor sentiment improves as stock rises 18%

Ernst Russ AG, Annual General Meeting, May 30, 2024

Ernst Russ AG to Report Fiscal Year 2023 Final Results on Mar 22, 2024

Investor sentiment deteriorates as stock falls 16%

Price target decreased by 18% to €6.80

New minor risk - Shareholder dilution

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released

Ernst Russ Ag Raises Earnings Guidance for Full Year 2023

Upcoming dividend of €0.20 per share at 4.0% yield

Full year 2022 earnings released

Ernst Russ AG, Annual General Meeting, May 10, 2023

Third quarter 2022 earnings released: EPS: €0.26 (vs €0.18 in 3Q 2021)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Price target increased to €9.00

Investor sentiment improved over the past week

Ernst Russ AG Provides Earnings Guidance for the Year 2022

Investor sentiment improved over the past week

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased to €8.80

Ernst Russ AG Revises Earnings Guidance for Fiscal Year 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment improved over the past week

Second quarter 2021 earnings released

Ernst Russ AG Provides Earnings Guidance for the First Half and Full Year 2021

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

New 90-day high: €2.94

Investor sentiment improved over the past week

New 90-day high: €1.96

Ernst Russ AG to Report First Half, 2021 Results on Sep 07, 2021

Investor sentiment improved over the past week

New 90-day high: €1.58

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Market bids up stock over the past week

New 90-day high: €0.81

New 90-day high: €0.69

First half earnings released

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources