Industry Analysts Just Made A Substantial Upgrade To Their Promotora y Operadora de Infraestructura, S. A. B. de C. V. (BMV:PINFRA) Revenue Forecasts

Celebrations may be in order for Promotora y Operadora de Infraestructura, S. A. B. de C. V. (BMV:PINFRA) shareholders, with the analysts delivering a significant upgrade to their statutory estimates for the company. The revenue forecast for this year has experienced a facelift, with the analysts now much more optimistic on its sales pipeline.

After the upgrade, the five analysts covering Promotora y Operadora de Infraestructura S. A. B. de C. V are now predicting revenues of Mex$19b in 2024. If met, this would reflect a notable 10% improvement in sales compared to the last 12 months. Prior to the latest estimates, the analysts were forecasting revenues of Mex$17b in 2024. It looks like there's been a clear increase in optimism around Promotora y Operadora de Infraestructura S. A. B. de C. V, given the nice increase in revenue forecasts.

See our latest analysis for Promotora y Operadora de Infraestructura S. A. B. de C. V

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's clear from the latest estimates that Promotora y Operadora de Infraestructura S. A. B. de C. V's rate of growth is expected to accelerate meaningfully, with the forecast 14% annualised revenue growth to the end of 2024 noticeably faster than its historical growth of 8.0% 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 7.3% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Promotora y Operadora de Infraestructura 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 from this upgrade is that analysts lifted their revenue estimates for this year. Analysts also expect revenues to grow faster than the wider market. Seeing the dramatic upgrade to this year's forecasts, it might be time to take another look at Promotora y Operadora de Infraestructura S. A. B. de C. V.

Still got questions? We have analyst estimates for Promotora y Operadora de Infraestructura S. A. B. de C. V going out to 2026, and you can see them free on our platform here.

Another way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies that insiders are buying.

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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.