The Elisa Oyj (HEL:ELISA) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Shareholders might have noticed that Elisa Oyj (HEL:ELISA) filed its third-quarter result this time last week. The early response was not positive, with shares down 9.7% to €43.50 in the past week. Revenues came in 3.1% below expectations, at €536m. Statutory earnings per share were relatively better off, with a per-share profit of €0.63 being roughly in line with analyst estimates. The analysts 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

See our latest analysis for Elisa Oyj

After the latest results, the 17 analysts covering Elisa Oyj are now predicting revenues of €2.27b in 2025. If met, this would reflect a reasonable 4.2% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to rise 9.0% to €2.51. Yet prior to the latest earnings, the analysts had been anticipated revenues of €2.27b and earnings per share (EPS) of €2.52 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

There were no changes to revenue or earnings estimates or the price target of €48.18, suggesting that the company has met expectations in its recent result. 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. Currently, the most bullish analyst values Elisa Oyj at €65.00 per share, while the most bearish prices it at €38.00. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

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 3.4% growth on an annualised basis. That is in line with its 4.1% annual growth 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 revenues grow 2.1% per year. So it's pretty clear that Elisa Oyj is forecast to grow substantially 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. The consensus price target held steady at €48.18, 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 Elisa Oyj. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Elisa Oyj analysts - going out to 2026, and you can see them free on our platform here.

Plus, you should also learn about the 2 warning signs we've spotted with Elisa Oyj .

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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.