SpareBank 1 Nord-Norge Just Recorded A 30% EPS Beat: Here's What Analysts Are Forecasting Next

SpareBank 1 Nord-Norge (OB:NONG) investors will be delighted, with the company turning in some strong numbers with its latest results. SpareBank 1 Nord-Norge delivered a significant beat to revenue and earnings per share (EPS) expectations, hitting kr2.1b-15% above indicated-andkr6.04-30% above forecasts- respectively 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. 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 SpareBank 1 Nord-Norge

Taking into account the latest results, the four analysts covering SpareBank 1 Nord-Norge provided consensus estimates of kr5.88b revenue in 2025, which would reflect a noticeable 7.7% decline over the past 12 months. Before this earnings report, the analysts had been forecasting revenues of kr5.88b and earnings per share (EPS) of kr12.60 in 2025. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.

There's been no real change to the consensus price target of kr121, with SpareBank 1 Nord-Norge seemingly executing in line with expectations. 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. Currently, the most bullish analyst values SpareBank 1 Nord-Norge at kr125 per share, while the most bearish prices it at kr115. This is a very narrow spread of estimates, implying either that SpareBank 1 Nord-Norge is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the SpareBank 1 Nord-Norge's past performance and to peers in the same industry. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 6.2% by the end of 2025. This indicates a significant reduction from annual growth of 8.8% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 1.0% annually for the foreseeable future. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - SpareBank 1 Nord-Norge is expected to lag the wider industry.

The Bottom Line

The most important thing to take away is that the analysts reconfirmed their revenue estimates for next year, suggesting that the business is performing in line with expectations. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that SpareBank 1 Nord-Norge's revenue is expected to perform worse 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.

At least one of SpareBank 1 Nord-Norge's four analysts has provided estimates out to 2026, which can be seen for free on our platform here.

You should always think about risks though. Case in point, we've spotted 1 warning sign for SpareBank 1 Nord-Norge 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.