Analyst Estimates: Here's What Brokers Think Of Credito Emiliano S.p.A. (BIT:CE) After Its First-Quarter Report

Last week saw the newest first-quarter earnings release from Credito Emiliano S.p.A. (BIT:CE), an important milestone in the company's journey to build a stronger business. It was a credible result overall, with revenues of €475m and statutory earnings per share of €1.82 both in line with analyst estimates, showing that Credito Emiliano is executing in line with expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Credito Emiliano after the latest results.

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Following last week's earnings report, Credito Emiliano's four analysts are forecasting 2025 revenues to be €1.85b, approximately in line with the last 12 months. Statutory earnings per share are forecast to decline 19% to €1.63 in the same period. Before this earnings report, the analysts had been forecasting revenues of €1.87b and earnings per share (EPS) of €1.57 in 2025. So the consensus seems to have become somewhat more optimistic on Credito Emiliano's earnings potential following these results.

See our latest analysis for Credito Emiliano

The consensus price target was unchanged at €12.85, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. 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 Credito Emiliano at €13.70 per share, while the most bearish prices it at €12.10. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that revenue is expected to reverse, with a forecast 2.0% annualised decline to the end of 2025. That is a notable change from historical growth of 14% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 2.3% annually for the foreseeable future. It's pretty clear that Credito Emiliano's revenues are expected to perform substantially worse than the wider industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Credito Emiliano's earnings potential next year. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Credito Emiliano's revenue is expected to perform worse than the wider industry. The consensus price target held steady at €12.85, 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. At Simply Wall St, we have a full range of analyst estimates for Credito Emiliano going out to 2027, and you can see them free on our platform here..

And what about risks? Every company has them, and we've spotted 2 warning signs for Credito Emiliano (of which 1 is significant!) 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.