De'Longhi S.p.A. (BIT:DLG) Just Released Its Half-Yearly Results And Analysts Are Updating Their Estimates

The interim results for De'Longhi S.p.A. (BIT:DLG) were released last week, making it a good time to revisit its performance. It was a credible result overall, with revenues of €1.6b and statutory earnings per share of €2.05 both in line with analyst estimates, showing that De'Longhi is executing in line with expectations. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on De'Longhi after the latest results.

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Taking into account the latest results, the current consensus from De'Longhi's eight analysts is for revenues of €3.73b in 2025. This would reflect an okay 2.5% increase on its revenue over the past 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of €3.70b and earnings per share (EPS) of €2.19 in 2025. Overall, while the analysts have reconfirmed their revenue estimates, the consensus now no longer provides an EPS estimate. This implies that the market believes revenue is more important after these latest results.

Check out our latest analysis for De'Longhi

There's been no real change to the consensus price target of €37.38, with De'Longhi seemingly executing 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. There are some variant perceptions on De'Longhi, with the most bullish analyst valuing it at €47.70 and the most bearish at €30.00 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that De'Longhi's revenue growth is expected to slow, with the forecast 5.0% annualised growth rate until the end of 2025 being well below the historical 7.0% 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 6.2% annually. Factoring in the forecast slowdown in growth, it seems obvious that De'Longhi is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that the analysts reconfirmed their revenue estimates for next year, suggesting that the business is performing in line with expectations. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that De'Longhi'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.

At least one of De'Longhi's eight analysts has provided estimates out to 2027, which can be seen for free on our platform here.

It is also worth noting that we have found 1 warning sign for De'Longhi that you need to take into consideration.

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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.