Wulff-Yhtiöt Oyj Just Beat EPS By 50%: Here's What Analysts Think Will Happen Next

It's been a good week for Wulff-Yhtiöt Oyj (HEL:WUF1V) shareholders, because the company has just released its latest quarterly results, and the shares gained 2.2% to €2.74. It looks like a credible result overall - although revenues of €23m were what the analyst expected, Wulff-Yhtiöt Oyj surprised by delivering a (statutory) profit of €0.03 per share, an impressive 50% above what was forecast. The analyst 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. 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 Wulff-Yhtiöt Oyj

Taking into account the latest results, the most recent consensus for Wulff-Yhtiöt Oyj from solitary analyst is for revenues of €102.4m in 2024. If met, it would imply a decent 12% increase on its revenue over the past 12 months. Statutory earnings per share are expected to shrink 5.6% to €0.24 in the same period. Yet prior to the latest earnings, the analyst had been anticipated revenues of €101.9m and earnings per share (EPS) of €0.22 in 2024. So the consensus seems to have become somewhat more optimistic on Wulff-Yhtiöt Oyj's earnings potential following these results.

The analyst has been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 7.7% to €2.80.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. The period to the end of 2024 brings more of the same, according to the analyst, with revenue forecast to display 16% growth on an annualised basis. That is in line with its 15% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 13% per year. So although Wulff-Yhtiöt Oyj is expected to maintain its revenue growth rate, it's only growing at about the rate of 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 Wulff-Yhtiöt Oyj's earnings potential next year. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. There was also a nice increase in the price target, with the analyst clearly feeling that the intrinsic value of the business is improving.

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 Wulff-Yhtiöt Oyj going out as far as 2026, and you can see them free on our platform here.

However, before you get too enthused, we've discovered 4 warning signs for Wulff-Yhtiöt Oyj that 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.