FinecoBank Banca Fineco S.p.A. (BIT:FBK) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

As you might know, FinecoBank Banca Fineco S.p.A. (BIT:FBK) recently reported its third-quarter numbers. It was an okay result overall, with revenues coming in at €658m, roughly what the analysts had been expecting. 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

View our latest analysis for FinecoBank Banca Fineco

Following the recent earnings report, the consensus from twelve analysts covering FinecoBank Banca Fineco is for revenues of €1.26b in 2025. This implies a noticeable 2.9% decline in revenue compared to the last 12 months. Statutory earnings per share are forecast to shrink 5.9% to €0.99 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of €1.26b and earnings per share (EPS) of €1.00 in 2025. 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.

There were no changes to revenue or earnings estimates or the price target of €16.55, suggesting that the company has met expectations in its recent result. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values FinecoBank Banca Fineco at €18.00 per share, while the most bearish prices it at €13.40. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting FinecoBank Banca Fineco is an easy business to forecast or the the analysts are all using similar assumptions.

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. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 2.4% by the end of 2025. This indicates a significant reduction from annual growth of 15% 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 1.0% annually for the foreseeable future. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - FinecoBank Banca Fineco is expected to lag 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. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that FinecoBank Banca Fineco's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

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. We have forecasts for FinecoBank Banca Fineco going out to 2026, and you can see them free on our platform here.

Even so, be aware that FinecoBank Banca Fineco is showing 2 warning signs in our investment analysis , and 1 of those is potentially serious...

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.