Stock Analysis
Société Générale Société anonyme Just Missed EPS By 31%: Here's What Analysts Think Will Happen Next
It's been a pretty great week for Société Générale Société anonyme (EPA:GLE) shareholders, with its shares surging 15% to €27.28 in the week since its latest quarterly results. Revenue of €6.8b surpassed estimates by 3.0%, although statutory earnings per share missed badly, coming in 31% below expectations at €1.06 per share. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Société Générale Société anonyme after the latest results.
Check out our latest analysis for Société Générale Société anonyme
After the latest results, the twelve analysts covering Société Générale Société anonyme are now predicting revenues of €26.5b in 2025. If met, this would reflect a satisfactory 8.0% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to shoot up 39% to €4.97. Before this earnings report, the analysts had been forecasting revenues of €26.5b and earnings per share (EPS) of €4.95 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.
The analysts reconfirmed their price target of €31.74, showing that the business is executing well and in line with expectations. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Société Générale Société anonyme, with the most bullish analyst valuing it at €45.00 and the most bearish at €24.00 per share. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Société Générale Société anonyme's past performance and to peers in the same industry. The analysts are definitely expecting Société Générale Société anonyme's growth to accelerate, with the forecast 6.3% annualised growth to the end of 2025 ranking favourably alongside historical growth of 3.3% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 3.0% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Société Générale Société anonyme 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. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Société Générale Société anonyme analysts - going out to 2026, and you can see them free on our platform here.
Plus, you should also learn about the 1 warning sign we've spotted with Société Générale Société anonyme .
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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.
About ENXTPA:GLE
Société Générale Société anonyme
Provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally.