The Evli Oyj (HEL:EVLI) Second-Quarter Results Are Out And Analysts Have Published New Forecasts

Investors in Evli Oyj (HEL:EVLI) had a good week, as its shares rose 6.3% to close at €19.40 following the release of its second-quarter results. Results were roughly in line with estimates, with revenues of €28m and statutory earnings per share of €1.69. Earnings are an important time for investors, as they can track a company's performance, look at what the analyst is 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 analyst latest (statutory) post-earnings forecasts for next year.

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Taking into account the latest results, the current consensus from Evli Oyj's single analyst is for revenues of €110.1m in 2025. This would reflect a reasonable 4.6% increase on its revenue over the past 12 months. Before this earnings report, the analyst had been forecasting revenues of €107.6m and earnings per share (EPS) of €1.20 in 2025. The thing that stands out most is that, while there's been a modest lift to revenue estimates, the consensus no longer provides an EPS estimate. This impliesthat revenue is more important following the latest results.

Check out our latest analysis for Evli Oyj

We'd also point out that thatthe analyst has made no major changes to their price target of €21.00.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that Evli Oyj's rate of growth is expected to accelerate meaningfully, with the forecast 9.3% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 4.5% p.a. over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 5.9% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Evli Oyj is expected to grow much faster than its industry.

The Bottom Line

The most important thing to take away is that the analyst upgraded their revenue estimates for next year. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is 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.

We have estimates for Evli Oyj from one covering analyst, 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 Evli 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.