TF1 SA (EPA:TFI) Annual Results: Here's What Analysts Are Forecasting For This Year

Investors in TF1 SA (EPA:TFI) had a good week, as its shares rose 3.7% to close at €8.07 following the release of its annual results. TF1 reported in line with analyst predictions, delivering revenues of €2.4b and statutory earnings per share of €0.97, suggesting the business is executing well and in line with its plan. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

See our latest analysis for TF1

Taking into account the latest results, the consensus forecast from TF1's four analysts is for revenues of €2.41b in 2025. This reflects an okay 2.5% improvement in revenue compared to the last 12 months. Statutory per share are forecast to be €0.96, approximately in line with the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of €2.43b and earnings per share (EPS) of €1.06 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.

It might be a surprise to learn that the consensus price target was broadly unchanged at €10.38, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. 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 €12.80 per share, while the most bearish prices it at €7.60. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

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. It's clear from the latest estimates that TF1's rate of growth is expected to accelerate meaningfully, with the forecast 2.5% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 1.7% p.a. over the past five years. Other similar companies in the industry (with analyst coverage) are also forecast to grow their revenue at 2.4% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that TF1 is expected to grow at about the same rate as the wider industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for TF1. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as 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. At Simply Wall St, we have a full range of analyst estimates for TF1 going out to 2027, and you can see them free on our platform here..

Plus, you should also learn about the 1 warning sign we've spotted with TF1 .

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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.