Incap Oyj Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

It's been a sad week for Incap Oyj (HEL:ICP1V), who've watched their investment drop 13% to €10.65 in the week since the company reported its annual result. It looks like a credible result overall - although revenues of €230m were in line with what the analysts predicted, Incap Oyj surprised by delivering a statutory profit of €0.77 per share, a notable 12% above expectations. 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

See our latest analysis for Incap Oyj

Taking into account the latest results, the most recent consensus for Incap Oyj from twin analysts is for revenues of €265.7m in 2025. If met, it would imply a decent 15% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to swell 10% to €0.85. Yet prior to the latest earnings, the analysts had been anticipated revenues of €266.6m and earnings per share (EPS) of €0.83 in 2025. So the consensus seems to have become somewhat more optimistic on Incap Oyj's earnings potential following these results.

There's been no major changes to the consensus price target of €13.00, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that Incap Oyj's revenue growth is expected to slow, with the forecast 15% annualised growth rate until the end of 2025 being well below the historical 20% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 6.7% per year. So it's pretty clear that, while Incap Oyj's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Incap Oyj 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 held steady at €13.00, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.

You can also see our analysis of Incap Oyj's Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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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.