Earnings Update: 4imprint Group plc (LON:FOUR) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts

Investors in 4imprint Group plc (LON:FOUR) had a good week, as its shares rose 9.5% to close at UK£62.00 following the release of its full-year results. It was a credible result overall, with revenues of US$1.3b and statutory earnings per share of US$3.77 both in line with analyst estimates, showing that 4imprint Group is executing in line with expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for 4imprint Group

After the latest results, the six analysts covering 4imprint Group are now predicting revenues of US$1.43b in 2024. If met, this would reflect a credible 8.0% improvement in revenue compared to the last 12 months. Per-share earnings are expected to rise 4.6% to US$3.95. Before this earnings report, the analysts had been forecasting revenues of US$1.44b and earnings per share (EPS) of US$3.97 in 2024. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

The analysts reconfirmed their price target of UK£68.56, showing that the business is executing well and in line with expectations. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic 4imprint Group analyst has a price target of UK£75.73 per share, while the most pessimistic values it at UK£60.03. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that 4imprint Group's revenue growth will slow down substantially, with revenues to the end of 2024 expected to display 8.0% growth on an annualised basis. This is compared to a historical growth rate of 13% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 3.3% per year. Even after the forecast slowdown in growth, it seems obvious that 4imprint Group is also expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share 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 UK£68.56, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for 4imprint Group going out to 2026, and you can see them free on our platform here..

Even so, be aware that 4imprint Group is showing 1 warning sign in our investment analysis , you should know about...

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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.