Nordisk Bergteknik AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

It's been a pretty great week for Nordisk Bergteknik AB (publ) (STO:NORB B) shareholders, with its shares surging 10% to kr13.10 in the week since its latest third-quarter results. Revenues were kr838m, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at kr0.18, an impressive 800% ahead of estimates. 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.

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Following the latest results, Nordisk Bergteknik's two analysts are now forecasting revenues of kr3.64b in 2026. This would be a modest 5.4% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to bounce 240% to kr1.42. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr3.62b and earnings per share (EPS) of kr1.45 in 2026. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a minor downgrade to their earnings per share forecasts.

View our latest analysis for Nordisk Bergteknik

The average price target fell 23% to kr10.00, with reduced earnings forecasts clearly tied to a lower valuation estimate.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Nordisk Bergteknik's past performance and to peers in the same industry. We would highlight that Nordisk Bergteknik's revenue growth is expected to slow, with the forecast 4.3% annualised growth rate until the end of 2026 being well below the historical 20% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 4.7% annually. So it's pretty clear that, while Nordisk Bergteknik's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Nordisk Bergteknik. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.

You should always think about risks though. Case in point, we've spotted 3 warning signs for Nordisk Bergteknik you should be aware of, and 1 of them is a bit concerning.

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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.