Grupo Financiero Inbursa, S.A.B. de C.V. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

As you might know, Grupo Financiero Inbursa, S.A.B. de C.V. (BMV:GFINBURO) just kicked off its latest annual results with some very strong numbers. It was overall a positive result, with revenues beating expectations by 2.6% to hit Mex$52b. Grupo Financiero Inbursa. de reported statutory earnings per share (EPS) Mex$5.00, which was a notable 10% above what the analysts had forecast. 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've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

View our latest analysis for Grupo Financiero Inbursa. de

Taking into account the latest results, the consensus forecast from Grupo Financiero Inbursa. de's six analysts is for revenues of Mex$57.0b in 2024. This reflects a meaningful 10% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to accumulate 2.7% to Mex$5.21. In the lead-up to this report, the analysts had been modelling revenues of Mex$53.4b and earnings per share (EPS) of Mex$4.80 in 2024. It looks like there's been a modest increase in sentiment following the latest results, withthe analysts becoming a bit more optimistic in their predictions for both revenues and earnings.

Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of Mex$40.17, suggesting that the forecast performance does not have a long term impact on the company's valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Grupo Financiero Inbursa. de analyst has a price target of Mex$57.00 per share, while the most pessimistic values it at Mex$29.80. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Grupo Financiero Inbursa. de's past performance and to peers in the same industry. The period to the end of 2024 brings more of the same, according to the analysts, with revenue forecast to display 10% growth on an annualised basis. That is in line with its 11% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 8.0% annually. So it's pretty clear that Grupo Financiero Inbursa. de is forecast to grow substantially faster than its industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Grupo Financiero Inbursa. de following these results. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. The consensus price target held steady at Mex$40.17, 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 Grupo Financiero Inbursa. de going out to 2026, and you can see them free on our platform here..

And what about risks? Every company has them, and we've spotted 1 warning sign for Grupo Financiero Inbursa. de you should know about.

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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.