Olav Thon Eiendomsselskap ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Olav Thon Eiendomsselskap ASA (OB:OLT) came out with its third-quarter results last week, and we wanted to see how the business is performing and what industry forecasts think of the company following this report. It was not a great result overall. While revenues of kr1.3b were in line with analyst predictions, earnings were less than expected, missing statutory estimates by 11% to hit kr4.00 per share. This is an important time for investors, as they can track a company's performance in its report, look at what expert is forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analyst latest (statutory) post-earnings forecasts for next year.

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After the latest results, the solitary analyst covering Olav Thon Eiendomsselskap are now predicting revenues of kr5.29b in 2026. If met, this would reflect an okay 2.6% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to sink 20% to kr19.11 in the same period. Yet prior to the latest earnings, the analyst had been anticipated revenues of kr5.18b and earnings per share (EPS) of kr18.92 in 2026. There doesn't appear to have been a major change in sentiment following the results, other than the small lift in revenue estimates.

View our latest analysis for Olav Thon Eiendomsselskap

It may not be a surprise to see thatthe analyst has reconfirmed their price target of kr315, implying that the uplift in revenue is not expected to greatly contribute to Olav Thon Eiendomsselskap's valuation in the near term.

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 pretty clear that there is an expectation that Olav Thon Eiendomsselskap's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 2.1% growth on an annualised basis. This is compared to a historical growth rate of 5.8% over the past five years. Compare this with other companies in the same industry, which are forecast to see a revenue decline of 1.4% annually. So it's clear that despite the slowdown in growth, Olav Thon Eiendomsselskap is still expected to grow meaningfully faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analyst holding their earnings forecasts steady, in line with previous estimates. On the plus side, they also lifted their revenue estimates, and the company is expected to perform better 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.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.

Plus, you should also learn about the 3 warning signs we've spotted with Olav Thon Eiendomsselskap (including 2 which can't be ignored) .

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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.