Moulinvest SA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

It's been a good week for Moulinvest SA (EPA:ALMOU) shareholders, because the company has just released its latest annual results, and the shares gained 6.9% to €34.00. The result was positive overall - although revenues of €95m were in line with what the analyst predicted, Moulinvest surprised by delivering a statutory profit of €3.66 per share, modestly greater than expected. The analyst 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. We thought readers would find it interesting to see the analyst latest (statutory) post-earnings forecasts for next year.

View our latest analysis for Moulinvest

Following the latest results, Moulinvest's one analyst are now forecasting revenues of €104.5m in 2022. This would be a meaningful 11% improvement in sales compared to the last 12 months. Per-share earnings are expected to jump 25% to €4.55. Before this earnings report, the analyst had been forecasting revenues of €102.4m and earnings per share (EPS) of €4.17 in 2022. It looks like there's been a modest increase in sentiment following the latest results, withthe analyst becoming a bit more optimistic in their predictions for both revenues and earnings.

It will come as no surprise to learn that the analyst has increased their price target for Moulinvest 20% to €48.00on the back of these upgrades.

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 Moulinvest's rate of growth is expected to accelerate meaningfully, with the forecast 11% annualised revenue growth to the end of 2022 noticeably faster than its historical growth of 8.2% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 2.0% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Moulinvest is expected to grow much faster than its industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Moulinvest's earnings potential next year. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analyst clearly feeling that the intrinsic value of the business is improving.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2024, which can be seen for free on our platform here.

Before you take the next step you should know about the 2 warning signs for Moulinvest that we have uncovered.

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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.