Aurubis AG Just Recorded A 61% EPS Beat: Here's What Analysts Are Forecasting Next
Aurubis AG (ETR:NDA) just released its latest quarterly results and things are looking bullish. It was overall a positive result, with revenues beating expectations by 2.5% to hit €6.4b. Aurubis also reported a statutory profit of €3.51, which was an impressive 61% above what the analysts had forecast. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Taking into account the latest results, the most recent consensus for Aurubis from eight analysts is for revenues of €26.0b in 2027. If met, it would imply a decent 17% increase on its revenue over the past 12 months. Statutory earnings per share are expected to dive 56% to €10.11 in the same period. Before this earnings report, the analysts had been forecasting revenues of €25.7b and earnings per share (EPS) of €9.97 in 2027. 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.
View our latest analysis for Aurubis
The analysts reconfirmed their price target of €170, showing that the business is executing well and in line with expectations. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Aurubis analyst has a price target of €212 per share, while the most pessimistic values it at €113. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting Aurubis' growth to accelerate, with the forecast 14% annualised growth to the end of 2027 ranking favourably alongside historical growth of 3.0% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 2.9% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Aurubis to grow faster than the wider industry.
The Bottom Line
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at €170, with the latest estimates not enough to have an impact on their price targets.
With that in mind, we wouldn't be too quick to come to a conclusion on Aurubis. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Aurubis analysts - going out to 2028, and you can see them free on our platform here.
Before you take the next step you should know about the 2 warning signs for Aurubis that we have uncovered.
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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.