Bergman & Beving AB (publ) Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next

Last week saw the newest yearly earnings release from Bergman & Beving AB (publ) (STO:BERG B), an important milestone in the company's journey to build a stronger business. Things were not great overall, with a surprise (statutory) loss of kr1.95 per share on revenues of kr5.0b, even though the analysts had been expecting a profit. 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

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Taking into account the latest results, the current consensus from Bergman & Beving's four analysts is for revenues of kr5.11b in 2026. This would reflect a reasonable 2.7% increase on its revenue over the past 12 months. Earnings are expected to improve, with Bergman & Beving forecast to report a statutory profit of kr9.66 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr5.20b and earnings per share (EPS) of kr9.92 in 2026. The analysts seem to have become a little more negative on the business after the latest results, given the minor downgrade to their earnings per share numbers for next year.

Check out our latest analysis for Bergman & Beving

It might be a surprise to learn that the consensus price target was broadly unchanged at kr334, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Bergman & Beving at kr375 per share, while the most bearish prices it at kr315. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

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 Bergman & Beving's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 2.7% growth on an annualised basis. This is compared to a historical growth rate of 3.5% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 5.9% annually. Factoring in the forecast slowdown in growth, it seems obvious that Bergman & Beving is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment 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. 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.

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. At Simply Wall St, we have a full range of analyst estimates for Bergman & Beving going out to 2028, and you can see them free on our platform here..

Even so, be aware that Bergman & Beving is showing 2 warning signs in our investment analysis , and 1 of those is a bit unpleasant...

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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.