Stock Analysis

Becle, S.A.B. de C.V. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

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BMV:CUERVO *

Shareholders might have noticed that Becle, S.A.B. de C.V. (BMV:CUERVO) filed its quarterly result this time last week. The early response was not positive, with shares down 6.2% to Mex$28.15 in the past week. Becle. de missed revenue estimates by 2.1%, coming in atMex$11b, although statutory earnings per share (EPS) of Mex$0.25 beat expectations, coming in 8.9% ahead of analyst estimates. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

See our latest analysis for Becle. de

BMV:CUERVO * Earnings and Revenue Growth October 27th 2024

Following the latest results, Becle. de's ten analysts are now forecasting revenues of Mex$51.8b in 2025. This would be a notable 17% improvement in revenue compared to the last 12 months. Per-share earnings are expected to shoot up 44% to Mex$1.75. In the lead-up to this report, the analysts had been modelling revenues of Mex$51.6b and earnings per share (EPS) of Mex$1.75 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at Mex$39.21. 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. The most optimistic Becle. de analyst has a price target of Mex$49.00 per share, while the most pessimistic values it at Mex$34.00. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Becle. de shareholders.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's clear from the latest estimates that Becle. de's rate of growth is expected to accelerate meaningfully, with the forecast 13% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 8.9% p.a. 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 7.2% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Becle. de is expected to grow much faster than its industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at Mex$39.21, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Becle. de. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Becle. de going out to 2026, and you can see them free on our platform here..

You can also see whether Becle. de is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.

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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.