Scanfil Oyj Just Beat EPS By 6.7%: Here's What Analysts Think Will Happen Next

Investors in Scanfil Oyj (HEL:SCANFL) had a good week, as its shares rose 5.8% to close at €11.34 following the release of its quarterly results. Scanfil Oyj reported €202m in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of €0.16 beat expectations, being 6.7% higher than what the analysts expected. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Following the latest results, Scanfil Oyj's four analysts are now forecasting revenues of €840.7m in 2025. This would be an okay 7.7% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to swell 16% to €0.66. Before this earnings report, the analysts had been forecasting revenues of €835.5m and earnings per share (EPS) of €0.65 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

See our latest analysis for Scanfil Oyj

The consensus price target rose 7.6% to €9.90despite there being no meaningful change to earnings estimates. It could be that the analystsare reflecting the predictability of Scanfil Oyj's earnings by assigning a price premium. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Scanfil Oyj analyst has a price target of €10.50 per share, while the most pessimistic values it at €9.40. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

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. It's clear from the latest estimates that Scanfil Oyj's rate of growth is expected to accelerate meaningfully, with the forecast 16% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 6.8% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 7.1% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Scanfil Oyj is expected to grow much faster than its industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

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 forecasts for Scanfil Oyj going out to 2027, and you can see them free on our platform here.

We also provide an overview of the Scanfil Oyj Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.

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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.