€9.50: That's What Analysts Think Berentzen-Gruppe Aktiengesellschaft (ETR:BEZ) Is Worth After Its Latest Results

Last week saw the newest interim earnings release from Berentzen-Gruppe Aktiengesellschaft (ETR:BEZ), an important milestone in the company's journey to build a stronger business. Results look mixed - while revenue fell marginally short of analyst estimates at €88m, statutory earnings were in line with expectations, at €0.092 per share. 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.

View our latest analysis for Berentzen-Gruppe

Taking into account the latest results, the most recent consensus for Berentzen-Gruppe from twin analysts is for revenues of €190.0m in 2024. If met, it would imply an okay 2.9% increase on its revenue over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 66% to €0.10. Yet prior to the latest earnings, the analysts had been forecasting revenues of €192.0m and losses of €0.05 per share in 2024. So it's pretty clear the analysts have mixed opinions on Berentzen-Gruppe even after this update; although they reconfirmed their revenue numbers, it came at the cost of a very substantial increase in per-share losses.

With the increase in forecast losses for next year, it's perhaps no surprise to see that the average price target dipped 9.5% to €9.50, with the analysts signalling that growing losses would be a definite concern.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The analysts are definitely expecting Berentzen-Gruppe's growth to accelerate, with the forecast 5.9% annualised growth to the end of 2024 ranking favourably alongside historical growth of 3.4% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 4.6% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Berentzen-Gruppe to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that the analysts increased their loss per share estimates for next year. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Berentzen-Gruppe's future valuation.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2026, which can be seen for free on our platform here.

Plus, you should also learn about the 2 warning signs we've spotted with Berentzen-Gruppe (including 1 which is a bit concerning) .

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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.