Exsitec Holding AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Exsitec Holding AB (publ) (STO:EXS) just released its latest second-quarter report and things are not looking great. Exsitec Holding missed earnings this time around, with kr228m revenue coming in 4.4% below what the analysts had modelled. Statutory earnings per share (EPS) of kr1.75 also fell short of expectations by 18%. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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After the latest results, the two analysts covering Exsitec Holding are now predicting revenues of kr894.0m in 2025. If met, this would reflect a modest 4.1% improvement in revenue compared to the last 12 months. Per-share earnings are expected to bounce 25% to kr5.58. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr913.6m and earnings per share (EPS) of kr6.09 in 2025. It's pretty clear that pessimism has reared its head after the latest results, leading to a weaker revenue outlook and a minor downgrade to earnings per share estimates.

See our latest analysis for Exsitec Holding

The analysts made no major changes to their price target of kr174, suggesting the downgrades are not expected to have a long-term impact on Exsitec Holding's valuation.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that Exsitec Holding's revenue growth is expected to slow, with the forecast 8.5% annualised growth rate until the end of 2025 being well below the historical 21% 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) 3.5% per year. Even after the forecast slowdown in growth, it seems obvious that Exsitec Holding is also expected to grow faster than the wider industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Exsitec Holding. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. The consensus price target held steady at kr174, 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 analyst estimates for Exsitec Holding going out as far as 2027, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 2 warning signs for Exsitec Holding 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.