CombinedX AB (publ) Just Recorded A 19% EPS Beat: Here's What Analysts Are Forecasting Next

As you might know, CombinedX AB (publ) (STO:CX) recently reported its first-quarter numbers. Revenues kr239m disappointed slightly, at4.8% below what the analyst had predicted. Profits were a relative bright spot, with statutory per-share earnings of kr0.95 coming in 19% above what was anticipated. This is an important time for investors, as they can track a company's performance in its report, look at what expert is forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analyst has changed their mind on CombinedX after the latest results.

We've discovered 3 warning signs about CombinedX. View them for free.

Taking into account the latest results, CombinedX's lone analyst currently expect revenues in 2025 to be kr927.5m, approximately in line with the last 12 months. Statutory earnings per share are predicted to bounce 23% to kr3.40. Yet prior to the latest earnings, the analyst had been anticipated revenues of kr973.4m and earnings per share (EPS) of kr3.50 in 2025. It's pretty clear that pessimism has reared its head after the latest results, leading to a weaker revenue outlook and a small dip in earnings per share estimates.

Check out our latest analysis for CombinedX

The average price target climbed 7.4% to kr58.00despite the reduced earnings forecasts, suggesting that this earnings impact could be a positive for the stock, once it passes.

Of course, another way to look at these forecasts is to place them into context against the industry itself. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 2.5% by the end of 2025. This indicates a significant reduction from annual growth of 15% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 4.5% annually for the foreseeable future. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - CombinedX is expected to lag the wider industry.

The Bottom Line

The most important thing to take away is that the analyst downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. We note an upgrade to the price target, suggesting that the analyst believes the intrinsic value of the business is likely to improve over time.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for CombinedX going out as far as 2027, and you can see them free on our platform here.

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with CombinedX , and understanding these should be part of your investment process.

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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.