Fiskars Oyj Abp Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

As you might know, Fiskars Oyj Abp (HEL:FSKRS) recently reported its quarterly numbers. Things were not great overall, with a surprise (statutory) loss of €0.03 per share on revenues of €258m, even though the analysts had been expecting a profit. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Following last week's earnings report, Fiskars Oyj Abp's four analysts are forecasting 2025 revenues to be €1.13b, approximately in line with the last 12 months. Statutory earnings per share are predicted to leap 40% to €0.27. Before this earnings report, the analysts had been forecasting revenues of €1.15b and earnings per share (EPS) of €0.40 in 2025. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a pretty serious reduction to earnings per share estimates.

View our latest analysis for Fiskars Oyj Abp

The analysts made no major changes to their price target of €13.73, suggesting the downgrades are not expected to have a long-term impact on Fiskars Oyj Abp's valuation. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Fiskars Oyj Abp analyst has a price target of €15.00 per share, while the most pessimistic values it at €12.00. This is a very narrow spread of estimates, implying either that Fiskars Oyj Abp is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. Over the past five years, revenues have declined around 0.3% annually. Worse, forecasts are essentially predicting the decline to accelerate, with the estimate for an annualised 2.2% decline in revenue until the end of 2025. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 6.7% per year. So while a broad number of companies are forecast to grow, unfortunately Fiskars Oyj Abp is expected to see its revenue affected worse than other companies in the industry.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will 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.

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 forecasts for Fiskars Oyj Abp going out to 2027, and you can see them free on our platform here.

Before you take the next step you should know about the 3 warning signs for Fiskars Oyj Abp (2 are potentially serious!) that we have uncovered.

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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.