TF1 SA (EPA:TFI) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Last week, you might have seen that TF1 SA (EPA:TFI) released its third-quarter result to the market. The early response was not positive, with shares down 6.0% to €7.31 in the past week. Revenues came in 2.6% below expectations, at €487m. Statutory earnings per share were relatively better off, with a per-share profit of €0.91 being roughly in line with analyst estimates. 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 TF1

After the latest results, the six analysts covering TF1 are now predicting revenues of €2.44b in 2025. If met, this would reflect an okay 4.4% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to shoot up 24% to €1.16. Before this earnings report, the analysts had been forecasting revenues of €2.44b and earnings per share (EPS) of €1.18 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

There were no changes to revenue or earnings estimates or the price target of €10.50, 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. The most optimistic TF1 analyst has a price target of €12.30 per share, while the most pessimistic values it at €7.60. 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 TF1 shareholders.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting TF1's growth to accelerate, with the forecast 3.5% annualised growth to the end of 2025 ranking favourably alongside historical growth of 1.6% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 3.5% annually. TF1 is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall 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 forecasts for TF1 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 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.