Analysts Have Made A Financial Statement On TF1 SA's (EPA:TFI) Third-Quarter Report

Shareholders might have noticed that TF1 SA (EPA:TFI) filed its quarterly result this time last week. The early response was not positive, with shares down 4.9% to €7.93 in the past week. It was a workmanlike result, with revenues of €496m coming in 2.2% ahead of expectations, and statutory earnings per share of €0.97, in line with analyst appraisals. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on TF1 after the latest results.

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Following last week's earnings report, TF1's five analysts are forecasting 2026 revenues to be €2.36b, approximately in line with the last 12 months. Statutory earnings per share are predicted to grow 13% to €0.98. Before this earnings report, the analysts had been forecasting revenues of €2.37b and earnings per share (EPS) of €1.00 in 2026. 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 TF1

There were no changes to revenue or earnings estimates or the price target of €10.48, 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 TF1 at €13.70 per share, while the most bearish prices it at €7.90. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that revenue is expected to reverse, with a forecast 0.009% annualised decline to the end of 2026. That is a notable change from historical growth of 1.2% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 0.4% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - TF1 is expected to lag the wider 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. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse 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.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple TF1 analysts - going out to 2027, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 1 warning sign for TF1 you should be aware of.

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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.