Formpipe Software AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

The analysts might have been a bit too bullish on Formpipe Software AB (publ) (STO:FPIP), given that the company fell short of expectations when it released its quarterly results last week. Results showed a clear earnings miss, with kr130m revenue coming in 2.1% lower than what the analystsexpected. Statutory earnings per share (EPS) of kr0.07 missed the mark badly, arriving some 69% below what was expected. 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

See our latest analysis for Formpipe Software

After the latest results, the twin analysts covering Formpipe Software are now predicting revenues of kr588.4m in 2025. If met, this would reflect a meaningful 12% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to leap 109% to kr1.26. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr588.4m and earnings per share (EPS) of kr1.26 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

There were no changes to revenue or earnings estimates or the price target of kr31.00, suggesting that the company has met expectations in its recent result.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that Formpipe Software's rate of growth is expected to accelerate meaningfully, with the forecast 9.7% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 6.7% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to see revenue growth of 15% annually. It seems obvious that, while the future growth outlook is brighter than the recent past, Formpipe Software is expected to grow slower than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have analyst estimates for Formpipe Software going out as far as 2026, and you can see them free on our platform here.

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

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.