Analysts Are Updating Their Nextedia S.A. (EPA:ALNXT) Estimates After Its Annual Results

Shareholders might have noticed that Nextedia S.A. (EPA:ALNXT) filed its full-year result this time last week. The early response was not positive, with shares down 2.8% to €0.62 in the past week. It was an okay result overall, with revenues coming in at €61m, roughly what the analyst had been expecting. Following the result, the analyst has updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analyst has changed their mind on Nextedia after the latest results.

Check out our latest analysis for Nextedia

After the latest results, the lone analyst covering Nextedia are now predicting revenues of €63.1m in 2024. If met, this would reflect an okay 4.3% improvement in revenue compared to the last 12 months. Yet prior to the latest earnings, the analyst had been anticipated revenues of €62.1m and earnings per share (EPS) of €0.07 in 2024. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.

We'd also point out that thatthe analyst has made no major changes to their price target of €1.20.

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 pretty clear that there is an expectation that Nextedia's revenue growth will slow down substantially, with revenues to the end of 2024 expected to display 4.3% growth on an annualised basis. This is compared to a historical growth rate of 23% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 7.1% per year. Factoring in the forecast slowdown in growth, it seems obvious that Nextedia is also expected to grow slower than other industry participants.

The Bottom Line

The clear take away from these updates is that the analyst made no change to their revenue estimates for next year, with the business apparently performing in line with their models. Fortunately, the analyst also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Nextedia's revenue is expected to perform worse than the wider industry. The consensus price target held steady at €1.20, with the latest estimates not enough to have an impact on their price target.

One Nextedia broker/analyst has provided estimates out to 2026, which can be seen for free on our platform here.

And what about risks? Every company has them, and we've spotted 4 warning signs for Nextedia you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.