Blue Dart Express Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Last week, you might have seen that Blue Dart Express Limited (NSE:BLUEDART) released its quarterly result to the market. The early response was not positive, with shares down 3.7% to ₹7,658 in the past week. Statutory earnings per share fell badly short of expectations, coming in at ₹26.49, some 21% below analyst forecasts, although revenues were okay, approximately in line with analyst estimates at ₹14b. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

See our latest analysis for Blue Dart Express

Taking into account the latest results, the consensus forecast from Blue Dart Express' five analysts is for revenues of ₹58.2b in 2025. This reflects a reasonable 5.8% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to shoot up 21% to ₹145. In the lead-up to this report, the analysts had been modelling revenues of ₹58.5b and earnings per share (EPS) of ₹156 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a minor downgrade to their earnings per share forecasts.

The consensus price target held steady at ₹7,970, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Blue Dart Express analyst has a price target of ₹9,229 per share, while the most pessimistic values it at ₹6,922. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Blue Dart Express' past performance and to peers in the same industry. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 12% growth on an annualised basis. That is in line with its 14% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 12% annually. It's clear that while Blue Dart Express' revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Blue Dart Express. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at ₹7,970, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Blue Dart Express. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Blue Dart Express going out to 2027, and you can see them free on our platform here..

You still need to take note of risks, for example - Blue Dart Express has 1 warning sign we think you should be aware of.

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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.