The Koninklijke Vopak N.V. (AMS:VPK) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Shareholders might have noticed that Koninklijke Vopak N.V. (AMS:VPK) filed its quarterly result this time last week. The early response was not positive, with shares down 3.6% to €41.98 in the past week. Results were roughly in line with estimates, with revenues of €325m and statutory earnings per share of €3.63. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for Koninklijke Vopak

Taking into account the latest results, Koninklijke Vopak's twin analysts currently expect revenues in 2025 to be €1.35b, approximately in line with the last 12 months. Per-share earnings are expected to increase 8.7% to €3.62. Yet prior to the latest earnings, the analysts had been anticipated revenues of €1.35b and earnings per share (EPS) of €3.70 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.

It might be a surprise to learn that the consensus price target was broadly unchanged at €48.67, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that Koninklijke Vopak's revenue growth is expected to slow, with the forecast 0.4% annualised growth rate until the end of 2025 being well below the historical 3.6% p.a. growth over the last five years. Compare this with other companies in the same industry, which are forecast to see a revenue decline of 1.1% annually. Factoring in the forecast slowdown in growth, it's pretty clear that Koninklijke Vopak is still expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. On the plus side, they made no changes to their revenue estimates - and they expect it to perform better than the wider industry. The consensus price target held steady at €48.67, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have analyst estimates for Koninklijke Vopak going out as far as 2026, and you can see them free on our platform here.

However, before you get too enthused, we've discovered 1 warning sign for Koninklijke Vopak that you should be aware of.

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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.