Revenue Beat: Fiera Milano S.p.A. Exceeded Revenue Forecasts By 5.7% And Analysts Are Updating Their Estimates

Shareholders might have noticed that Fiera Milano S.p.A. (BIT:FM) filed its second-quarter result this time last week. The early response was not positive, with shares down 2.9% to €7.34 in the past week. It was a workmanlike result, with revenues of €114m coming in 5.7% ahead of expectations, and statutory earnings per share of €0.27, in line with analyst appraisals. This is an important time for investors, as they can track a company's performance in its report, look at what expert is forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analyst is expecting for next year.

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Taking into account the latest results, the most recent consensus for Fiera Milano from single analyst is for revenues of €370.1m in 2025. If met, it would imply a notable 15% increase on its revenue over the past 12 months. In the lead-up to this report, the analyst had been modelling revenues of €363.9m and earnings per share (EPS) of €0.61 in 2025. Overall, while the analyst has 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 Fiera Milano

Additionally, the consensus price target for Fiera Milano rose 6.1% to €8.70, showing a clear increase in optimism from the the analyst involved.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that Fiera Milano's rate of growth is expected to accelerate meaningfully, with the forecast 33% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 26% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 18% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analyst also expect Fiera Milano to grow faster than the wider industry.

The Bottom Line

The clear take away from these updates is that the analyst made no change to their revenue estimates for next year, with the business apparently performing in line with their models. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analyst believes the intrinsic value of the business is likely to improve over time.

We have estimates for Fiera Milano from one covering analyst, and you can see them free on our platform here.

We don't want to rain on the parade too much, but we did also find 3 warning signs for Fiera Milano that you need to be mindful 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.