Results: Apetit Oyj Delivered A Surprise Loss And Now Analysts Have New Forecasts

Apetit Oyj (HEL:APETIT) last week reported its latest quarterly results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. Revenues came in at €39m, in line with estimates, while Apetit Oyj reported a statutory loss of €0.23 per share, well short of prior analyst forecasts for a profit. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analyst is expecting for next year.

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

Following last week's earnings report, Apetit Oyj's sole analyst are forecasting 2025 revenues to be €169.0m, approximately in line with the last 12 months. Statutory earnings per share are expected to shrink 3.9% to €0.85 in the same period. Yet prior to the latest earnings, the analyst had been anticipated revenues of €170.6m and earnings per share (EPS) of €1.09 in 2025. So there's definitely been a decline in sentiment after the latest results, noting the large cut to new EPS forecasts.

View our latest analysis for Apetit Oyj

Althoughthe analyst has revised their earnings forecasts for next year, they've also lifted the consensus price target 7.1% to €15.00, suggesting the revised estimates are not indicative of a weaker long-term future for the business.

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 Apetit Oyj is forecast to grow faster in the future than it has in the past, with revenues expected to display 3.1% annualised growth until the end of 2025. If achieved, this would be a much better result than the 12% annual decline over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 2.7% per year. So it looks like Apetit Oyj is expected to grow at about the same rate as the wider industry.

The Bottom Line

The biggest concern is that the analyst reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Apetit Oyj. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. We note an upgrade to the price target, suggesting that the analyst believes the intrinsic value of the business is likely to improve over time.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for Apetit Oyj going out as far as 2027, and you can see them free on our platform here.

Before you take the next step you should know about the 2 warning signs for Apetit Oyj that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.