Results: El Puerto de Liverpool, S.A.B. de C.V. Beat Earnings Expectations And Analysts Now Have New Forecasts

Shareholders might have noticed that El Puerto de Liverpool, S.A.B. de C.V. (BMV:LIVEPOLC-1) filed its second-quarter result this time last week. The early response was not positive, with shares down 5.3% to Mex$131 in the past week. El Puerto de Liverpool. de reported Mex$52b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of Mex$4.63 beat expectations, being 8.7% higher than what the analysts expected. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

Check out our latest analysis for El Puerto de Liverpool. de

Taking into account the latest results, the consensus forecast from El Puerto de Liverpool. de's 13 analysts is for revenues of Mex$213.3b in 2024. This reflects an okay 4.8% improvement in revenue compared to the last 12 months. Per-share earnings are expected to accumulate 3.2% to Mex$16.71. In the lead-up to this report, the analysts had been modelling revenues of Mex$213.0b and earnings per share (EPS) of Mex$16.01 in 2024. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.

The consensus price target was unchanged at Mex$144, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. 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. There are some variant perceptions on El Puerto de Liverpool. de, with the most bullish analyst valuing it at Mex$165 and the most bearish at Mex$120 per share. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We can infer from the latest estimates that forecasts expect a continuation of El Puerto de Liverpool. de'shistorical trends, as the 9.9% annualised revenue growth to the end of 2024 is roughly in line with the 10.0% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 10% annually. It's clear that while El Puerto de Liverpool. de's revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around El Puerto de Liverpool. de's earnings potential next year. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for El Puerto de Liverpool. de going out to 2026, and you can see them free on our platform here..

Plus, you should also learn about the 1 warning sign we've spotted with El Puerto de Liverpool. de .

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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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com