Stock Analysis

Results: Austevoll Seafood ASA Beat Earnings Expectations And Analysts Now Have New Forecasts

OB:AUSS
Source: Shutterstock

Shareholders might have noticed that Austevoll Seafood ASA (OB:AUSS) filed its full-year result this time last week. The early response was not positive, with shares down 6.0% to kr101 in the past week. It looks to have been a decent result overall - while revenue fell marginally short of analyst estimates at kr35b, statutory earnings beat expectations by a notable 26%, coming in at kr13.60 per share. 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.

See our latest analysis for Austevoll Seafood

earnings-and-revenue-growth
OB:AUSS Earnings and Revenue Growth March 5th 2025

Taking into account the latest results, the current consensus from Austevoll Seafood's five analysts is for revenues of kr39.6b in 2025. This would reflect a solid 12% increase on its revenue over the past 12 months. Statutory earnings per share are expected to sink 12% to kr12.00 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr40.4b and earnings per share (EPS) of kr11.97 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.

There were no changes to revenue or earnings estimates or the price target of kr125, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Austevoll Seafood, with the most bullish analyst valuing it at kr131 and the most bearish at kr120 per share. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

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. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 12% growth on an annualised basis. That is in line with its 11% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 7.2% annually. So although Austevoll Seafood is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider 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. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is 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.

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 Austevoll Seafood going out to 2027, and you can see them free on our platform here..

Plus, you should also learn about the 2 warning signs we've spotted with Austevoll Seafood .

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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.

About OB:AUSS

Austevoll Seafood

A seafood company, engages in the production of salmon and trout, white fish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

Very undervalued with excellent balance sheet.