The MFE-Mediaforeurope N.V. (BIT:MFEB) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
The third-quarter results for MFE-Mediaforeurope N.V. (BIT:MFEB) were released last week, making it a good time to revisit its performance. Results were roughly in line with estimates, with revenues of €528m and statutory earnings per share of €0.37. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on MFE-Mediaforeurope after the latest results.
View our latest analysis for MFE-Mediaforeurope
Following last week's earnings report, MFE-Mediaforeurope's six analysts are forecasting 2025 revenues to be €2.99b, approximately in line with the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of €2.98b and earnings per share (EPS) of €0.56 in 2025. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.
There's been no real change to the consensus price target of €4.40, with MFE-Mediaforeurope seemingly executing in line with expectations. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic MFE-Mediaforeurope analyst has a price target of €5.40 per share, while the most pessimistic values it at €2.90. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
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. The analysts are definitely expecting MFE-Mediaforeurope's growth to accelerate, with the forecast 1.3% annualised growth to the end of 2025 ranking favourably alongside historical growth of 0.6% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 1.6% per year. It seems obvious that, while the future growth outlook is brighter than the recent past, MFE-Mediaforeurope is expected to grow slower than the wider industry.
The Bottom Line
The clear take away from these updates is that the analysts made no change to their revenue estimates for next year, with the business apparently performing in line with their models. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at €4.40, with the latest estimates not enough to have an impact on their price targets.
We have estimates for MFE-Mediaforeurope from its six analysts out to 2026, and you can see them free on our platform here.
It is also worth noting that we have found 3 warning signs for MFE-Mediaforeurope 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.
About BIT:MFEB
MFE-Mediaforeurope
Operates in the television industry in Italy and Spain.
Undervalued established dividend payer.