Elmera Group ASA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Elmera Group ASA (OB:ELMRA) just released its yearly report and things are looking bullish. The company beat forecasts, with revenue of kr12b, some 4.2% above estimates, and statutory earnings per share (EPS) coming in at kr3.19, 28% ahead of expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

See our latest analysis for Elmera Group

Following the recent earnings report, the consensus from three analysts covering Elmera Group is for revenues of kr11.9b in 2025. This implies a noticeable 2.8% decline in revenue compared to the last 12 months. Statutory earnings per share are expected to sink 15% to kr2.76 in the same period. In the lead-up to this report, the analysts had been modelling revenues of kr11.2b and earnings per share (EPS) of kr2.62 in 2025. It looks like there's been a modest increase in sentiment following the latest results, withthe analysts becoming a bit more optimistic in their predictions for both revenues and earnings.

As a result, it might be a surprise to see thatthe analysts have cut their price target 12% to kr31.67, which could suggest the forecast improvement in performance is not expected to last. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Elmera Group analyst has a price target of kr37.00 per share, while the most pessimistic values it at kr24.00. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

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. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 2.8% by the end of 2025. This indicates a significant reduction from annual growth of 21% 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 2.9% annually for the foreseeable future. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Elmera Group is expected to lag the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Elmera Group following these results. They also upgraded their revenue estimates for next year, even though it is expected to grow slower than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Elmera Group's future valuation.

With that in mind, we wouldn't be too quick to come to a conclusion on Elmera Group. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Elmera Group going out to 2027, and you can see them free on our platform here..

You still need to take note of risks, for example - Elmera Group has 3 warning signs (and 2 which can't be ignored) we think you should know about.

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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.