Earnings Beat: Exsitec Holding AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

It's been a pretty great week for Exsitec Holding AB (publ) (STO:EXS) shareholders, with its shares surging 15% to kr159 in the week since its latest quarterly results. Exsitec Holding beat expectations by 5.5% with revenues of kr188m. It also surprised on the earnings front, with an unexpected statutory profit of kr0.74 per share a nice improvement on the losses that the analysts forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Taking into account the latest results, the current consensus from Exsitec Holding's two analysts is for revenues of kr969.8m in 2026. This would reflect a solid 9.5% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to leap 33% to kr7.30. In the lead-up to this report, the analysts had been modelling revenues of kr961.4m and earnings per share (EPS) of kr6.63 in 2026. Although the revenue estimates have not really changed, we can see there's been a decent improvement in earnings per share expectations, suggesting that the analysts have become more bullish after the latest result.

Check out our latest analysis for Exsitec Holding

The consensus price target rose 9.2% to kr190, suggesting that higher earnings estimates flow through to the stock's valuation as well.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Exsitec Holding's past performance and to peers in the same industry. We would highlight that Exsitec Holding's revenue growth is expected to slow, with the forecast 7.5% annualised growth rate until the end of 2026 being well below the historical 20% p.a. growth over the last five years. Compare this to the 24 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 6.2% per year. So it's pretty clear that, while Exsitec Holding's revenue growth is expected to slow, it's expected to grow roughly in line with the 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 Exsitec Holding following these results. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall 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.

With that in mind, we wouldn't be too quick to come to a conclusion on Exsitec Holding. Long-term earnings power is much more important than next year's profits. We have analyst estimates for Exsitec Holding going out as far as 2027, and you can see them free on our platform here.

It is also worth noting that we have found 1 warning sign for Exsitec Holding that you need to take into consideration.

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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.