Bonduelle SCA Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Last week saw the newest yearly earnings release from Bonduelle SCA (EPA:BON), an important milestone in the company's journey to build a stronger business. Revenues came in at €2.4b, in line with estimates, while Bonduelle reported a statutory loss of €3.64 per share, well short of prior analyst forecasts for a profit. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Check out our latest analysis for Bonduelle
Following last week's earnings report, Bonduelle's five analysts are forecasting 2025 revenues to be €2.40b, approximately in line with the last 12 months. Bonduelle is also expected to turn profitable, with statutory earnings of €1.27 per share. In the lead-up to this report, the analysts had been modelling revenues of €2.47b and earnings per share (EPS) of €1.27 in 2025. The consensus seems maybe a little more pessimistic, trimming their revenue forecasts after the latest results even though there was no change to its EPS estimates.
The consensus has reconfirmed its price target of €9.57, showing that the analysts don't expect weaker revenue expectations next year to have a material impact on Bonduelle's market value. 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 Bonduelle at €12.50 per share, while the most bearish prices it at €7.00. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Bonduelle shareholders.
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. From these estimates it looks as though the analysts expect the years of declining revenue to come to an end, given the flat forecast out to 2025. That would be a definite improvement, given that the past five years have seen revenue shrink 4.7% annually. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 2.8% per year. So it's pretty clear that, although revenues are improving, Bonduelle is still expected to grow slower than the 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. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. Even so, earnings per share are more important to the intrinsic value of the business. The consensus price target held steady at €9.57, 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. We have forecasts for Bonduelle going out to 2026, and you can see them free on our platform here.
That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Bonduelle , and understanding them should be part of your investment process.
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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:BON
Bonduelle
Produces, processes, and sells vegetables in Europe and internationally.
Undervalued with moderate growth potential.