CESC Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

CESC Limited (NSE:CESC) just released its latest quarterly results and things are looking bullish. Results were good overall, with revenues beating analyst predictions by 5.1% to hit ₹52b. Statutory earnings per share (EPS) came in at ₹2.92, some 8.1% above whatthe analysts had expected. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Following the latest results, CESC's nine analysts are now forecasting revenues of ₹186.1b in 2026. This would be an okay 7.3% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to climb 10% to ₹11.45. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹185.9b and earnings per share (EPS) of ₹11.64 in 2026. 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.

Check out our latest analysis for CESC

There were no changes to revenue or earnings estimates or the price target of ₹204, suggesting that the company has met expectations in its recent result. 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. Currently, the most bullish analyst values CESC at ₹250 per share, while the most bearish prices it at ₹160. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await CESC shareholders.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We can infer from the latest estimates that forecasts expect a continuation of CESC'shistorical trends, as the 9.9% annualised revenue growth to the end of 2026 is roughly in line with the 10% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 8.7% per year. So although CESC is expected to maintain its revenue growth rate, it's only growing at about the rate of 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 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 ₹204, 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 CESC going out to 2028, and you can see them free on our platform here..

You should always think about risks though. Case in point, we've spotted 1 warning sign for CESC 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.