Credito Emiliano S.p.A. (BIT:CE) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

As you might know, Credito Emiliano S.p.A. (BIT:CE) recently reported its third-quarter numbers. Results overall were respectable, with statutory earnings of €1.82 per share roughly in line with what the analysts had forecast. Revenues of €466m came in 4.1% ahead of analyst predictions. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

After the latest results, the five analysts covering Credito Emiliano are now predicting revenues of €1.89b in 2026. If met, this would reflect a satisfactory 3.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to crater 23% to €1.44 in the same period. Before this earnings report, the analysts had been forecasting revenues of €1.88b and earnings per share (EPS) of €1.42 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 Credito Emiliano

There were no changes to revenue or earnings estimates or the price target of €14.22, suggesting that the company has met expectations in its recent result. 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. Currently, the most bullish analyst values Credito Emiliano at €15.50 per share, while the most bearish prices it at €12.80. 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.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that Credito Emiliano's revenue growth is expected to slow, with the forecast 2.5% annualised growth rate until the end of 2026 being well below the historical 13% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 4.7% annually. Factoring in the forecast slowdown in growth, it seems obvious that Credito Emiliano is also expected to grow slower than other industry participants.

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. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at €14.22, 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 Credito Emiliano. Long-term earnings power is much more important than next year's profits. We have forecasts for Credito Emiliano going out to 2027, and you can see them free on our platform here.

Even so, be aware that Credito Emiliano is showing 2 warning signs in our investment analysis , and 1 of those is a bit concerning...

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.