Konecranes Plc (HEL:KCR) Just Reported Earnings, And Analysts Cut Their Target Price

As you might know, Konecranes Plc (HEL:KCR) just kicked off its latest first-quarter results with some very strong numbers. The company beat expectations with revenues of €984m arriving 4.5% ahead of forecasts. Statutory earnings per share (EPS) were €0.93, 4.1% ahead of estimates. 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've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Following last week's earnings report, Konecranes' six analysts are forecasting 2025 revenues to be €4.24b, approximately in line with the last 12 months. Statutory per share are forecast to be €4.82, approximately in line with the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of €4.23b and earnings per share (EPS) of €4.84 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

Check out our latest analysis for Konecranes

With no major changes to earnings forecasts, the consensus price target fell 5.4% to €70.00, suggesting that the analysts might have previously been hoping for an earnings upgrade. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Konecranes, with the most bullish analyst valuing it at €76.00 and the most bearish at €65.00 per share. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

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. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 1.9% by the end of 2025. This indicates a significant reduction from annual growth of 6.9% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 4.6% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Konecranes is expected to lag the wider industry.

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 Konecranes' revenue is expected to perform worse 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 Konecranes' future valuation.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Konecranes going out to 2027, and you can see them free on our platform here.

Plus, you should also learn about the 2 warning signs we've spotted with Konecranes .

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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.