Swedish Logistic Property AB (STO:SLP B) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that Swedish Logistic Property AB (STO:SLP B) released its quarterly result to the market. The early response was not positive, with shares down 3.2% to kr40.30 in the past week. It was a workmanlike result, with revenues of kr253m coming in 2.2% ahead of expectations, and statutory earnings per share of kr2.48, in line with analyst appraisals. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Swedish Logistic Property after the latest results.

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After the latest results, the four analysts covering Swedish Logistic Property are now predicting revenues of kr1.01b in 2025. If met, this would reflect a decent 17% improvement in revenue compared to the last 12 months. Per-share earnings are expected to swell 14% to kr2.69. In the lead-up to this report, the analysts had been modelling revenues of kr1.01b and earnings per share (EPS) of kr2.57 in 2025. So the consensus seems to have become somewhat more optimistic on Swedish Logistic Property's earnings potential following these results.

Check out our latest analysis for Swedish Logistic Property

There's been no major changes to the consensus price target of kr45.60, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. 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. The most optimistic Swedish Logistic Property analyst has a price target of kr53.00 per share, while the most pessimistic values it at kr41.00. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Swedish Logistic Property is an easy business to forecast or the the analysts are all using similar assumptions.

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. It's clear from the latest estimates that Swedish Logistic Property's rate of growth is expected to accelerate meaningfully, with the forecast 36% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 28% p.a. over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 4.9% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Swedish Logistic Property is expected to grow much faster than its industry.

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 Swedish Logistic Property following these results. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at kr45.60, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Swedish Logistic Property going out to 2027, and you can see them free on our platform here.

However, before you get too enthused, we've discovered 3 warning signs for Swedish Logistic Property (1 can't be ignored!) 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.