Earnings Update: Scout24 SE (ETR:G24) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

It's been a good week for Scout24 SE (ETR:G24) shareholders, because the company has just released its latest quarterly results, and the shares gained 2.3% to €83.00. Scout24 reported in line with analyst predictions, delivering revenues of €144m and statutory earnings per share of €2.43, suggesting the business is executing well and in line with its plan. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for Scout24

Following the latest results, Scout24's 16 analysts are now forecasting revenues of €619.9m in 2025. This would be a meaningful 8.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to soar 26% to €3.05. In the lead-up to this report, the analysts had been modelling revenues of €618.6m and earnings per share (EPS) of €3.04 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 €82.65, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic Scout24 analyst has a price target of €96.00 per share, while the most pessimistic values it at €73.50. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

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. We would highlight that Scout24's revenue growth is expected to slow, with the forecast 6.4% annualised growth rate until the end of 2025 being well below the historical 12% 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 9.2% 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 Scout24.

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. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Scout24'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.

With that in mind, we wouldn't be too quick to come to a conclusion on Scout24. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Scout24 analysts - going out to 2026, and you can see them free on our platform here.

You can also view our analysis of Scout24's balance sheet, and whether we think Scout24 is carrying too much debt, for free on our platform here.

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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.