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

Investors in Scanfil Oyj (HEL:SCANFL) had a good week, as its shares rose 2.3% to close at €8.60 following the release of its full-year results. Revenues of €781m were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at €0.59, missing estimates by 6.0%. 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 thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

View our latest analysis for Scanfil Oyj

Taking into account the latest results, the most recent consensus for Scanfil Oyj from four analysts is for revenues of €849.4m in 2025. If met, it would imply a notable 8.7% increase on its revenue over the past 12 months. Per-share earnings are expected to climb 16% to €0.69. Yet prior to the latest earnings, the analysts had been anticipated revenues of €846.4m and earnings per share (EPS) of €0.70 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a minor downgrade to their earnings per share forecasts.

It might be a surprise to learn that the consensus price target was broadly unchanged at €9.58, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Scanfil Oyj, with the most bullish analyst valuing it at €9.85 and the most bearish at €9.40 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Scanfil Oyj is an easy business to forecast or the the analysts are all using similar assumptions.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 8.7% growth on an annualised basis. That is in line with its 9.0% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 7.1% annually. It's clear that while Scanfil Oyj's revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Scanfil Oyj. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at €9.58, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Scanfil Oyj. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Scanfil Oyj analysts - going out to 2027, and you can see them free on our platform here.

You can also see our analysis of Scanfil 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.