Bergman & Beving AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Bergman & Beving AB (publ) (STO:BERG B) last week reported its latest second-quarter results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. It was a pretty mixed result, with revenues beating expectations to hit kr1.1b. Statutory earnings fell 5.0% short of analyst forecasts, reaching kr1.95 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. 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 current consensus from Bergman & Beving's four analysts is for revenues of kr5.00b in 2025. This would reflect a satisfactory 3.9% increase on its revenue over the past 12 months. Per-share earnings are expected to swell 16% to kr8.73. In the lead-up to this report, the analysts had been modelling revenues of kr4.93b and earnings per share (EPS) of kr8.58 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.

With the analysts reconfirming their revenue and earnings forecasts, it's surprising to see that the price target rose 7.9% to kr336. It looks as though they previously had some doubts over whether the business would live up to their expectations. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on Bergman & Beving, with the most bullish analyst valuing it at kr360 and the most bearish at kr325 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Bergman & Beving is an easy business to forecast or the the analysts are all using similar assumptions.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Bergman & Beving's past performance and to peers in the same industry. It's clear from the latest estimates that Bergman & Beving's rate of growth is expected to accelerate meaningfully, with the forecast 8.0% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 3.9% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 5.6% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Bergman & Beving 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. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Bergman & Beving going out to 2027, and you can see them free on our platform here..

However, before you get too enthused, we've discovered 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.