Earnings Miss: Tanmiah Food Company Missed EPS By 6.9% And Analysts Are Revising Their Forecasts

As you might know, Tanmiah Food Company (TADAWUL:2281) recently reported its full-year numbers. It looks like the results were a bit of a negative overall. While revenues of ر.س2.6b were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 6.9% to hit ر.س4.80 per share. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

View our latest analysis for Tanmiah Food

Taking into account the latest results, the most recent consensus for Tanmiah Food from dual analysts is for revenues of ر.س2.80b in 2025. If met, it would imply a meaningful 9.0% increase on its revenue over the past 12 months. In the lead-up to this report, the analysts had been modelling revenues of ر.س2.93b and earnings per share (EPS) of ر.س6.46 in 2025. So we can see that while the consensus made a small dip in revenue estimates, it no longer provides an earnings per share estimate. This suggests that the market is now more focused on revenue after the latest result.

We'd also point out that thatthe analysts have made no major changes to their price target of ر.س139.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that Tanmiah Food's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 9.0% growth on an annualised basis. This is compared to a historical growth rate of 19% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 7.1% per year. Even after the forecast slowdown in growth, it seems obvious that Tanmiah Food is also expected to grow faster than the wider industry.

The Bottom Line

The clear low-light was that the analysts cut their forecast revenue estimates for Tanmiah Food next year. They also downgraded Tanmiah Food's revenue estimates, but industry data suggests that it 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.

We have estimates for Tanmiah Food from its dual analysts out to 2027, and you can see them free on our platform here.

You still need to take note of risks, for example - Tanmiah Food has 2 warning signs we think 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.