Industrie De Nora S.p.A. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

As you might know, Industrie De Nora S.p.A. (BIT:DNR) last week released its latest third-quarter, and things did not turn out so great for shareholders. Industrie De Nora missed earnings this time around, with €201m revenue coming in 5.3% below what the analysts had modelled. Statutory earnings per share (EPS) of €0.06 also fell short of expectations by 13%. 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 Industrie De Nora after the latest results.

View our latest analysis for Industrie De Nora

After the latest results, the five analysts covering Industrie De Nora are now predicting revenues of €909.0m in 2025. If met, this would reflect a decent 8.2% improvement in revenue compared to the last 12 months. Per-share earnings are expected to increase 7.4% to €0.45. Before this earnings report, the analysts had been forecasting revenues of €912.2m and earnings per share (EPS) of €0.45 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

The analysts reconfirmed their price target of €13.40, showing that the business is executing well and in line with expectations. 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 Industrie De Nora at €15.50 per share, while the most bearish prices it at €11.00. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

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. It's pretty clear that there is an expectation that Industrie De Nora's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 6.5% growth on an annualised basis. This is compared to a historical growth rate of 11% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 4.6% per year. Even after the forecast slowdown in growth, it seems obvious that Industrie De Nora is also expected to grow faster than 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 major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at €13.40, 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 Industrie De Nora going out to 2026, and you can see them free on our platform here..

You should always think about risks though. Case in point, we've spotted 2 warning signs for Industrie De Nora 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.