CapMan Oyj (HEL:CAPMAN) just released its latest second-quarter report and things are not looking great. It looks like quite a negative result overall, with both revenues and earnings falling well short of analyst predictions. Revenues of €15m missed by 17%, and statutory earnings per share of €0.007 fell short of forecasts by 77%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
Taking into account the latest results, the consensus forecast from CapMan Oyj's two analysts is for revenues of €72.2m in 2026. This reflects a satisfactory 7.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 25% to €0.095. Before this earnings report, the analysts had been forecasting revenues of €75.0m and earnings per share (EPS) of €0.12 in 2026. The analysts seem less optimistic after the recent results, reducing their revenue forecasts and making a pretty serious reduction to earnings per share numbers.
Check out our latest analysis for CapMan Oyj
What's most unexpected is that the consensus price target rose 5.1% to €2.05, strongly implying the downgrade to forecasts is not expected to be more than a temporary blip.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The analysts are definitely expecting CapMan Oyj's growth to accelerate, with the forecast 15% annualised growth to the end of 2026 ranking favourably alongside historical growth of 2.3% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 6.1% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect CapMan Oyj to grow faster than the wider industry.
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. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider 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 CapMan Oyj. Long-term earnings power is much more important than next year's profits. We have analyst estimates for CapMan Oyj going out as far as 2028, and you can see them free on our platform here.
Even so, be aware that CapMan Oyj is showing 2 warning signs in our investment analysis , and 1 of those makes us a bit uncomfortable...
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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.