Analysts Have Made A Financial Statement On Grupo Aeroportuario del Sureste, S. A. B. de C. V.'s (BMV:ASURB) Yearly Report

Last week, you might have seen that Grupo Aeroportuario del Sureste, S. A. B. de C. V. (BMV:ASURB) released its annual result to the market. The early response was not positive, with shares down 3.9% to Mex$557 in the past week. The result was positive overall - although revenues of Mex$31b were in line with what the analysts predicted, Grupo Aeroportuario del Sureste S. A. B. de C. V surprised by delivering a statutory profit of Mex$45.17 per share, modestly greater than expected. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

See our latest analysis for Grupo Aeroportuario del Sureste S. A. B. de C. V

After the latest results, the nine analysts covering Grupo Aeroportuario del Sureste S. A. B. de C. V are now predicting revenues of Mex$38.3b in 2025. If met, this would reflect a sizeable 22% improvement in revenue compared to the last 12 months. Per-share earnings are expected to rise 3.6% to Mex$46.80. In the lead-up to this report, the analysts had been modelling revenues of Mex$38.0b and earnings per share (EPS) of Mex$46.14 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$650. 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 Grupo Aeroportuario del Sureste S. A. B. de C. V analyst has a price target of Mex$800 per share, while the most pessimistic values it at Mex$534. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

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. It's clear from the latest estimates that Grupo Aeroportuario del Sureste S. A. B. de C. V's rate of growth is expected to accelerate meaningfully, with the forecast 22% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 17% 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 8.4% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Grupo Aeroportuario del Sureste S. A. B. de C. V is expected to grow much faster than its industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than 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.

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 Aeroportuario del Sureste S. A. B. de C. V going out to 2027, 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 Aeroportuario del Sureste S. A. B. de C. V 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.