Kalmar Oyj Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

It's been a good week for Kalmar Oyj (HEL:KALMAR) shareholders, because the company has just released its latest quarterly results, and the shares gained 2.8% to €35.60. Kalmar Oyj reported €436m in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of €0.70 beat expectations, being 7.7% higher than what the analysts expected. 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

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Taking into account the latest results, the most recent consensus for Kalmar Oyj from five analysts is for revenues of €1.78b in 2026. If met, it would imply a reasonable 5.3% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to bounce 26% to €2.84. Before this earnings report, the analysts had been forecasting revenues of €1.82b and earnings per share (EPS) of €2.88 in 2026. So it looks like the analysts have become a bit less optimistic after the latest results announcement, with revenues expected to fall even as the company is supposed to maintain EPS.

View our latest analysis for Kalmar Oyj

The average price target was steady at €41.00even though revenue estimates declined; likely suggesting the analysts place a higher value on earnings. 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. There are some variant perceptions on Kalmar Oyj, with the most bullish analyst valuing it at €45.00 and the most bearish at €37.00 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

Of course, another way to look at these forecasts is to place them into context against the industry itself. One thing stands out from these estimates, which is that Kalmar Oyj is forecast to grow faster in the future than it has in the past, with revenues expected to display 4.2% annualised growth until the end of 2026. If achieved, this would be a much better result than the 7.7% annual decline over the past three years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 5.2% annually for the foreseeable future. So although Kalmar Oyj's revenue growth is expected to improve, it is still expected to grow slower than the 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. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. Even so, earnings are more important to the intrinsic value of the business. The consensus price target held steady at €41.00, with the latest estimates not enough to have an impact on their price targets.

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. We have estimates - from multiple Kalmar Oyj analysts - going out to 2027, and you can see them free on our platform here.

You can also see whether Kalmar Oyj is carrying too much debt, and whether its balance sheet is healthy, 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.