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

Ovzon AB (publ) (STO:OVZON) missed earnings with its latest third-quarter results, disappointing overly-optimistic forecasters. Results showed a clear earnings miss, with kr202m revenue coming in 6.5% lower than what the analystsexpected. Statutory earnings per share (EPS) of kr0.25 missed the mark badly, arriving some 38% below what was expected. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Ovzon after the latest results.

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Taking into account the latest results, the most recent consensus for Ovzon from two analysts is for revenues of kr896.5m in 2026. If met, it would imply a substantial 56% increase on its revenue over the past 12 months. Ovzon is also expected to turn profitable, with statutory earnings of kr1.75 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr883.0m and earnings per share (EPS) of kr1.97 in 2026. The analysts seem to have become more bearish following the latest results. While there were no changes to revenue forecasts, there was a substantial drop in EPS estimates.

Check out our latest analysis for Ovzon

Despite cutting their earnings forecasts,the analysts have lifted their price target 98% to kr44.50, suggesting that these impacts are not expected to weigh on the stock's value in the long term.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting Ovzon's growth to accelerate, with the forecast 43% annualised growth to the end of 2026 ranking favourably alongside historical growth of 19% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue shrink 0.1% per year. So it's clear with the acceleration in growth, Ovzon is expected to grow meaningfully faster than the wider industry.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. On the plus side, they made no changes to their revenue estimates - and they expect it to perform better than the wider industry. We note an upgrade to the price target, suggesting that the analysts 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 Ovzon going out as far as 2027, and you can see them free on our platform here.

You can also see whether Ovzon is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.

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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.