Tesco Future Growth

Future criteria checks 1/6

Tesco is forecast to grow earnings and revenue by 2.8% and 2.1% per annum respectively. EPS is expected to grow by 3.4% per annum. Return on equity is forecast to be 17.8% in 3 years.

Key information

2.8%

Earnings growth rate

3.4%

EPS growth rate

Consumer Retailing earnings growth	11.3%
Revenue growth rate	2.1%
Future return on equity	17.8%
Analyst coverage	Good
Last updated	25 Apr 2024

Recent future growth updates

The Tesco PLC (LON:TSCO) Full-Year Results Are Out And Analysts Have Published New Forecasts

Apr 12

Recent updates

Tesco's (LON:TSCO) Dividend Will Be Increased To £0.0825

Apr 25

The Tesco PLC (LON:TSCO) Full-Year Results Are Out And Analysts Have Published New Forecasts

Apr 12

Declining Stock and Decent Financials: Is The Market Wrong About Tesco PLC (LON:TSCO)?

Mar 10

What Type Of Returns Would Tesco's (LON:TSCO) Shareholders Have Received Over The Course Of The Last Year?

Feb 16

Are Investors Undervaluing Tesco PLC (LON:TSCO) By 47%?

Feb 03

Have Insiders Been Buying Tesco PLC (LON:TSCO) Shares This Year?

Jan 20

Are Tesco's (LON:TSCO) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Jan 05

What Kind Of Shareholders Hold The Majority In Tesco PLC's (LON:TSCO) Shares?

Dec 21

Do Investors Have Good Reason To Be Wary Of Tesco PLC's (LON:TSCO) 2.6% Dividend Yield?

Dec 08

Tesco (LON:TSCO) Takes On Some Risk With Its Use Of Debt

Nov 25

Earnings and Revenue Growth Forecasts

LSE:TSCO - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
2/28/2027	73,288	1,897	1,666	3,509	7
2/28/2026	71,574	1,815	1,523	3,700	12
2/28/2025	70,073	1,763	1,542	3,304	11
2/24/2024	68,187	1,760	2,453	3,839	N/A
8/26/2023	67,392	1,434	2,855	4,209	N/A
5/26/2023	66,577	1,094	2,664	3,966	N/A
2/25/2023	65,762	754	2,472	3,722	N/A
11/25/2022	64,636	840	2,399	3,603	N/A
8/27/2022	63,447	938	2,326	3,484	N/A
5/27/2022	62,396	1,230	2,453	3,621	N/A
2/26/2022	61,344	1,521	2,579	3,757	N/A
11/26/2021	60,465	1,244	1,188	2,429	N/A
8/28/2021	59,585	966	-204	1,100	N/A
5/28/2021	58,736	747	-489	851	N/A
2/27/2021	57,887	528	-775	602	N/A
11/27/2020	58,092	775	-886	469	N/A
8/29/2020	58,297	833	-997	336	N/A
5/29/2020	58,194	785	-1,076	192	N/A
2/29/2020	58,091	736	-1,156	48	N/A
11/30/2019	59,390	983	120	1,362	N/A
8/24/2019	60,689	1,229	1,395	2,675	N/A
5/24/2019	62,300	1,251	1,328	2,614	N/A
2/23/2019	63,911	1,272	1,260	2,552	N/A
11/23/2018	62,400	1,092	1,423	2,730	N/A
8/25/2018	60,888	911	1,586	2,907	N/A
5/25/2018	59,191	952	1,377	2,856	N/A
2/24/2018	57,493	992	1,168	2,805	N/A
11/24/2017	57,206	722	N/A	2,491	N/A
8/26/2017	56,918	451	N/A	2,176	N/A
5/26/2017	56,418	262	N/A	2,083	N/A
2/25/2017	55,917	72	N/A	1,989	N/A
11/25/2016	55,111	164	N/A	2,334	N/A
8/27/2016	54,305	255	N/A	2,679	N/A
5/27/2016	54,119	260	N/A	2,403	N/A
2/27/2016	53,933	265	N/A	2,126	N/A
11/27/2015	54,979	-2,649	N/A	1,118	N/A
8/29/2015	56,025	-5,564	N/A	109	N/A
5/29/2015	56,475	-5,601	N/A	297	N/A
2/28/2015	56,925	-5,639	N/A	484	N/A
11/30/2014	58,217	-2,442	N/A	1,625	N/A
8/23/2014	59,509	754	N/A	2,765	N/A
5/23/2014	61,533	1,335	N/A	2,975	N/A
2/22/2014	63,557	1,916	N/A	3,185	N/A
11/22/2013	63,786	1,557	N/A	2,960	N/A
8/24/2013	64,014	1,198	N/A	2,735	N/A
5/24/2013	63,710	1,365	N/A	2,786	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TSCO's forecast earnings growth (2.8% per year) is above the savings rate (1.8%).

Earnings vs Market: TSCO's earnings (2.8% per year) are forecast to grow slower than the UK market (12.4% per year).

High Growth Earnings: TSCO's earnings are forecast to grow, but not significantly.

Revenue vs Market: TSCO's revenue (2.1% per year) is forecast to grow slower than the UK market (3.4% per year).

High Growth Revenue: TSCO's revenue (2.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TSCO's Return on Equity is forecast to be low in 3 years time (17.8%).

Tesco Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

The Tesco PLC (LON:TSCO) Full-Year Results Are Out And Analysts Have Published New Forecasts

Tesco PLC Provides Earnings Guidance for the Year 2022

Price target decreased to UK£2.92

Consensus EPS estimates fall to UK£0.18

Price target lowered to UK£3.23

Analysts update estimates

Recent updates

Tesco's (LON:TSCO) Dividend Will Be Increased To £0.0825

Final dividend increased to UK£0.083

The Tesco PLC (LON:TSCO) Full-Year Results Are Out And Analysts Have Published New Forecasts

Tesco PLC, Annual General Meeting, Jun 14, 2024

Full year 2024 earnings: EPS exceeds analyst expectations

Tesco PLC Announces Board and Committee Changes

Tesco PLC (LON:TSCO) Shares Could Be 41% Below Their Intrinsic Value Estimate

Unpleasant Surprises Could Be In Store For Tesco PLC's (LON:TSCO) Shares

High number of new directors

Tesco PLC to Report First Half, 2025 Results on Oct 03, 2024

Barclays Reportedly Exploring Deal for Tesco's Banking Unit

Tesco Reportedly Kickstarts Potential Sale of Banking Arm

Tesco PLC to Report First Half, 2024 Results on Oct 04, 2023

Tesco PLC Appoints Dame Carolyn Fairbairn as Non-Executive Director

Tesco plc Announces Appointment of Gerry Murphy as Non-Executive Chair on 1 September 2023

Tesco Announces Executive Changes

Tesco PLC Announces Management Changes, Effective 16 June 2023

Tesco PLC, Annual General Meeting, Jun 16, 2023

Tesco PLC (LSE:TSCO) acquired Paperchase Products Limited.

Tesco PLC to Report Fiscal Year 2023 Results on Apr 13, 2023

Tesco PLC Announces the Interim Dividend, Payable on 25 November 2022

Tesco PLC Appoints Caroline Silver as Non-Executive Director and Member of the Audit Committee

Tesco PLC to Report Q2, 2023 Results on Oct 05, 2022

Tesco PLC, Annual General Meeting, Jun 17, 2022

Tesco Confirms De-Listing from Euronext Dublin

Tesco Makes Application to Euronext Dublin for the Delisting of Ordinary Shares from Euronext Dublin

Tesco PLC Provides Earnings Guidance for the Year 2022

Is There An Opportunity With Tesco PLC's (LON:TSCO) 49% Undervaluation?

Does Tesco (LON:TSCO) Have A Healthy Balance Sheet?

First half 2022 earnings released: EPS UK£0.11 (vs UK£0.051 in 1H 2021)

Is Tesco PLC (LON:TSCO) Trading At A 34% Discount?

Non-Executive Chairman recently bought UK£47k worth of stock

These 4 Measures Indicate That Tesco (LON:TSCO) Is Using Debt In A Risky Way

Senior Independent Director Deanna Oppenheimer has left the company

Independent Non-Executive Director Mark Armour has left the company

Independent Non-Executive Director A. B. Olsson has left the company

Is There An Opportunity With Tesco PLC's (LON:TSCO) 50% Undervaluation?

TESCO Launches Service to Deliver Groceries to Customers Within an Hour

Upcoming dividend of UK£0.059 per share

CFO & Executive Director has left the company

Non-Executive Chairman recently bought UK£100k worth of stock

Full year 2021 earnings released: EPS UK£0.094 (vs UK£0.096 in FY 2020)

Price target decreased to UK£2.92

Consensus EPS estimates fall to UK£0.18

Is Tesco PLC (LON:TSCO) At Risk Of Cutting Its Dividend?

Salling Group A/S completed the acquisition of Tesco Polska Sp. z o.o. from Tesco PLC (LSE:TSCO).

Declining Stock and Decent Financials: Is The Market Wrong About Tesco PLC (LON:TSCO)?

New 90-day low: UK£2.23

Price target lowered to UK£3.23

Analysts update estimates

New 90-day low: UK£2.28

New 90-day low: UK£2.31

What Type Of Returns Would Tesco's (LON:TSCO) Shareholders Have Received Over The Course Of The Last Year?

Investor sentiment deteriorated over the past week

New 90-day low: UK£2.44

Upcoming Dividend of UK£0.51 Per Share

New 90-day high: UK£2.46

Are Investors Undervaluing Tesco PLC (LON:TSCO) By 47%?

Tesco PLC, Annual General Meeting, Feb 11, 2021

Have Insiders Been Buying Tesco PLC (LON:TSCO) Shares This Year?

Analysts update estimates

Are Tesco's (LON:TSCO) Statutory Earnings A Good Reflection Of Its Earnings Potential?

New 90-day high: UK£2.37

Tesco PLC to Report First Half, 2022 Results on Oct 06, 2021

What Kind Of Shareholders Hold The Majority In Tesco PLC's (LON:TSCO) Shares?

C.P. Retail Development Company Limited, Tesco Holdings B.V. and Tesco PLC (LSE:TSCO) completed the acquisition of a 30% stake in Tesco Stores (Malaysia) Sdn. Bhd. from Sime Darby Allied Products Berhad.

Tesco PLC Announces Karen Whitworth Will Be Joining the Board as A Non-Executive Director

Do Investors Have Good Reason To Be Wary Of Tesco PLC's (LON:TSCO) 2.6% Dividend Yield?

Tesco (LON:TSCO) Takes On Some Risk With Its Use Of Debt