Here's What Analysts Are Forecasting For Aeroports de Paris SA (EPA:ADP) After Its Annual Results

It's been a mediocre week for Aeroports de Paris SA (EPA:ADP) shareholders, with the stock dropping 12% to €103 in the week since its latest annual results. It was a credible result overall, with revenues of €6.2b and statutory earnings per share of €3.45 both in line with analyst estimates, showing that Aeroports de Paris is executing in line with expectations. Following the result, the analysts have 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

See our latest analysis for Aeroports de Paris

After the latest results, the 15 analysts covering Aeroports de Paris are now predicting revenues of €6.51b in 2025. If met, this would reflect a modest 5.6% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to bounce 87% to €6.46. In the lead-up to this report, the analysts had been modelling revenues of €6.46b and earnings per share (EPS) of €6.59 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.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at €131. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Aeroports de Paris at €150 per share, while the most bearish prices it at €104. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Aeroports de Paris' past performance and to peers in the same industry. We would highlight that Aeroports de Paris' revenue growth is expected to slow, with the forecast 5.6% annualised growth rate until the end of 2025 being well below the historical 16% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 3.5% per year. So it's pretty clear that, while Aeroports de Paris' revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

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 major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at €131, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Aeroports de Paris 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 3 warning signs for Aeroports de Paris you should be aware of, and 1 of them is potentially serious.

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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.