Per Aarsleff Holding A/S (CPH:PAAL B) Fell Short of Analyst Expectations: Here's What You Need To Know

As you might know, Per Aarsleff Holding A/S (CPH:PAAL B) last week released its latest third-quarter, and things did not turn out so great for shareholders. Per Aarsleff Holding missed analyst forecasts, with revenues of kr.5.8b and statutory earnings per share (EPS) of kr.12.37, falling short by 7.0% and 7.7% respectively. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Per Aarsleff Holding after the latest results.

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After the latest results, the three analysts covering Per Aarsleff Holding are now predicting revenues of kr.24.1b in 2026. If met, this would reflect a meaningful 9.5% improvement in revenue compared to the last 12 months. Per-share earnings are expected to expand 17% to kr.51.87. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr.24.3b and earnings per share (EPS) of kr.52.08 in 2026. 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.

Check out our latest analysis for Per Aarsleff Holding

The consensus price target rose 5.7% to kr.798despite there being no meaningful change to earnings estimates. It could be that the analystsare reflecting the predictability of Per Aarsleff Holding's earnings by assigning a price premium. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Per Aarsleff Holding at kr.835 per share, while the most bearish prices it at kr.760. This is a very narrow spread of estimates, implying either that Per Aarsleff Holding is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that Per Aarsleff Holding's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 7.5% growth on an annualised basis. This is compared to a historical growth rate of 12% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 3.8% annually. Even after the forecast slowdown in growth, it seems obvious that Per Aarsleff Holding is also expected to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

With that in mind, we wouldn't be too quick to come to a conclusion on Per Aarsleff Holding. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Per Aarsleff Holding analysts - going out to 2027, and you can see them free on our platform here.

We also provide an overview of the Per Aarsleff Holding Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, 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.