Alma Media Oyj Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Investors in Alma Media Oyj (HEL:ALMA) had a good week, as its shares rose 7.0% to close at €14.45 following the release of its second-quarter results. Alma Media Oyj reported €88m in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of €0.22 beat expectations, being 8.2% higher than what the analysts expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Taking into account the latest results, the consensus forecast from Alma Media Oyj's three analysts is for revenues of €342.9m in 2026. This reflects a credible 2.3% improvement in revenue compared to the last 12 months. Per-share earnings are expected to grow 11% to €0.85. Yet prior to the latest earnings, the analysts had been anticipated revenues of €339.3m and earnings per share (EPS) of €0.81 in 2026. So the consensus seems to have become somewhat more optimistic on Alma Media Oyj's earnings potential following these results.
View our latest analysis for Alma Media Oyj
The consensus price target was unchanged at €15.73, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Alma Media Oyj, with the most bullish analyst valuing it at €16.50 and the most bearish at €15.30 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
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. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 4.6% growth on an annualised basis. That is in line with its 4.0% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 3.1% per year. So it's pretty clear that Alma Media Oyj is forecast to grow substantially faster than its industry.
The Bottom Line
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Alma Media Oyj following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster 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.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for Alma Media Oyj going out to 2028, and you can see them free on our platform here.
Plus, you should also learn about the 2 warning signs we've spotted with Alma Media Oyj .
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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.