Harvia Oyj Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

It's been a good week for Harvia Oyj (HEL:HARVIA) shareholders, because the company has just released its latest quarterly results, and the shares gained 9.4% to €46.10. The result was positive overall - although revenues of €52m were in line with what the analysts predicted, Harvia Oyj surprised by delivering a statutory profit of €0.45 per share, modestly greater than expected. 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. 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 current consensus from Harvia Oyj's four analysts is for revenues of €198.1m in 2025. This would reflect a credible 7.1% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to grow 19% to €1.60. In the lead-up to this report, the analysts had been modelling revenues of €198.0m and earnings per share (EPS) of €1.62 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.

See our latest analysis for Harvia Oyj

It will come as no surprise then, to learn that the consensus price target is largely unchanged at €45.25. 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 Harvia Oyj analyst has a price target of €51.00 per share, while the most pessimistic values it at €41.00. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Harvia Oyj is an easy business to forecast or the the analysts are all using similar assumptions.

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. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 9.6% growth on an annualised basis. That is in line with its 9.4% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 6.6% annually. So it's pretty clear that Harvia Oyj is forecast to grow substantially faster than its 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, 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. The consensus price target held steady at €45.25, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for Harvia Oyj 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 1 warning sign for Harvia Oyj 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.