Bergman & Beving AB (publ) Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

It's been a good week for Bergman & Beving AB (publ) (STO:BERG B) shareholders, because the company has just released its latest quarterly results, and the shares gained 2.5% to kr175. Bergman & Beving missed revenue estimates by 3.7%, coming in atkr1.2b, although statutory earnings per share (EPS) of kr1.95 beat expectations, coming in 5.1% ahead of analyst estimates. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

View our latest analysis for Bergman & Beving

Taking into account the latest results, the most recent consensus for Bergman & Beving from two analysts is for revenues of kr4.91b in 2025. If met, it would imply a reasonable 3.5% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to leap 24% to kr9.04. In the lead-up to this report, the analysts had been modelling revenues of kr4.92b and earnings per share (EPS) of kr8.53 in 2025. So the consensus seems to have become somewhat more optimistic on Bergman & Beving's earnings potential following these results.

The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 9.9% to kr189.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that Bergman & Beving's revenue growth is expected to slow, with the forecast 2.8% annualised growth rate until the end of 2025 being well below the historical 4.6% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 5.4% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Bergman & Beving.

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 Bergman & Beving following these results. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Bergman & Beving's revenue is expected to perform worse than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have analyst estimates for Bergman & Beving going out as far as 2026, and you can see them free on our platform here.

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Bergman & Beving that 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.