YIT Oyj (HEL:YIT) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

Investors in YIT Oyj (HEL:YIT) had a good week, as its shares rose 5.5% to close at €2.93 following the release of its quarterly results. Revenues were in line with expectations, at €402m, while statutory losses ballooned to €0.05 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on YIT Oyj after the latest results.

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Taking into account the latest results, the current consensus from YIT Oyj's five analysts is for revenues of €1.94b in 2026. This would reflect a meaningful 12% increase on its revenue over the past 12 months. YIT Oyj is also expected to turn profitable, with statutory earnings of €0.10 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of €1.95b and earnings per share (EPS) of €0.096 in 2026. So the consensus seems to have become somewhat more optimistic on YIT Oyj's earnings potential following these results.

See our latest analysis for YIT Oyj

There's been no major changes to the consensus price target of €3.18, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. 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 YIT Oyj, with the most bullish analyst valuing it at €3.50 and the most bearish at €2.90 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.

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 YIT Oyj is forecast to grow faster in the future than it has in the past, with revenues expected to display 9.8% annualised growth until the end of 2026. If achieved, this would be a much better result than the 12% annual decline over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 6.2% annually. Not only are YIT Oyj's revenues expected to improve, it seems that the analysts are also expecting it to grow faster than the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards YIT Oyj following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster 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.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for YIT Oyj going out to 2027, and you can see them free on our platform here..

We don't want to rain on the parade too much, but we did also find 1 warning sign for YIT Oyj that you need to be mindful of.

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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.