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

As you might know, eQ Oyj (HEL:EQV1V) last week released its latest third-quarter, and things did not turn out so great for shareholders. eQ Oyj missed analyst forecasts, with revenues of €17m and statutory earnings per share (EPS) of €0.18, falling short by 2.4% and 5.3% respectively. This is an important time for investors, as they can track a company's performance in its report, look at what expert is 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 analyst has changed their earnings models, following these results.

See our latest analysis for eQ Oyj

Following the latest results, eQ Oyj's lone analyst are now forecasting revenues of €78.3m in 2025. This would be a solid 11% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to grow 19% to €0.85. Before this earnings report, the analyst had been forecasting revenues of €78.4m and earnings per share (EPS) of €0.88 in 2025. The analyst seem to have become a little more negative on the business after the latest results, given the minor downgrade to their earnings per share numbers for next year.

The average price target fell 6.7% to €14.00, with reduced earnings forecasts clearly tied to a lower valuation estimate.

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 clear from the latest estimates that eQ Oyj's rate of growth is expected to accelerate meaningfully, with the forecast 9.1% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 6.8% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 4.1% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that eQ Oyj is expected to grow much faster than its industry.

The Bottom Line

The most important thing to take away is that the analyst downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target fell measurably, with the analyst seemingly not reassured by the latest results, leading to a lower estimate of eQ Oyj's future valuation.

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 analyst estimates for eQ Oyj going out as far as 2026, and you can see them free on our platform here.

You still need to take note of risks, for example - eQ Oyj has 1 warning sign we think you should be aware 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.