Stock Analysis

NoHo Partners Oyj Just Missed Earnings - But Analysts Have Updated Their Models

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HLSE:NOHO

As you might know, NoHo Partners Oyj (HEL:NOHO) last week released its latest quarterly, and things did not turn out so great for shareholders. NoHo Partners Oyj missed earnings this time around, with €107m revenue coming in 2.2% below what the analysts had modelled. Statutory earnings per share (EPS) of €0.14 also fell short of expectations by 12%. 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 collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

Check out our latest analysis for NoHo Partners Oyj

HLSE:NOHO Earnings and Revenue Growth November 8th 2024

Taking into account the latest results, the most recent consensus for NoHo Partners Oyj from three analysts is for revenues of €461.5m in 2025. If met, it would imply a meaningful 10.0% increase on its revenue over the past 12 months. Per-share earnings are expected to jump 103% to €0.75. Yet prior to the latest earnings, the analysts had been anticipated revenues of €457.4m and earnings per share (EPS) of €0.74 in 2025. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.

The average the analysts price target fell 7.7% to €9.60, suggesting thatthe analysts have other concerns, and the improved earnings per share outlook was not enough to allay them. 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 NoHo Partners Oyj, with the most bullish analyst valuing it at €10.20 and the most bearish at €9.00 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. It's pretty clear that there is an expectation that NoHo Partners Oyj's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 7.9% growth on an annualised basis. This is compared to a historical growth rate of 16% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 7.4% annually. Factoring in the forecast slowdown in growth, it looks like NoHo Partners Oyj is forecast to grow at about the same rate as the wider industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around NoHo Partners Oyj's earnings potential next year. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for NoHo Partners Oyj going out to 2026, and you can see them free on our platform here..

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for NoHo Partners Oyj (1 shouldn't be ignored) you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if NoHo Partners Oyj might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.