Earnings Update: Digital Bros S.p.A. (BIT:DIB) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

Last week, you might have seen that Digital Bros S.p.A. (BIT:DIB) released its yearly result to the market. The early response was not positive, with shares down 9.0% to €11.18 in the past week. Revenues of €94m arrived in line with expectations, although statutory losses per share were €0.77, an impressive 30% smaller than what broker models predicted. 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

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Taking into account the latest results, the current consensus from Digital Bros' dual analysts is for revenues of €136.7m in 2026. This would reflect a major 46% increase on its revenue over the past 12 months. Earnings are expected to improve, with Digital Bros forecast to report a statutory profit of €1.90 per share. Before this earnings report, the analysts had been forecasting revenues of €145.4m and earnings per share (EPS) of €1.52 in 2026. While revenue forecasts have been revised downwards, the analysts look to have become more optimistic on the company's cost base, given the very substantial lift in to the earnings per share numbers.

See our latest analysis for Digital Bros

The consensus has made no major changes to the price target of €18.50, suggesting the forecast improvement in earnings is expected to offset the decline in revenues next year.

Of course, another way to look at these forecasts is to place them into context against the industry itself. For example, we noticed that Digital Bros' rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 46% growth to the end of 2026 on an annualised basis. That is well above its historical decline of 6.7% a year over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 7.7% per year. So it looks like Digital Bros is expected to grow faster than its competitors, at least for a while.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Digital Bros' earnings potential next year. They also downgraded Digital Bros' revenue estimates, but industry data suggests that it is expected to grow faster than the wider industry. Still, earnings per share are more important to value creation for shareholders. The consensus price target held steady at €18.50, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.

Plus, you should also learn about the 1 warning sign we've spotted with Digital Bros .

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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.