Três Tentos Agroindustrial S/A (BVMF:TTEN3) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
It's been a sad week for Três Tentos Agroindustrial S/A (BVMF:TTEN3), who've watched their investment drop 12% to R$9.93 in the week since the company reported its quarterly result. Overall the results were a little better than the analysts were expecting, with revenues beating forecasts by 8.9%to hit R$4.7b. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Taking into account the latest results, the current consensus from Três Tentos Agroindustrial S/A's ten analysts is for revenues of R$20.6b in 2026. This would reflect a decent 13% increase on its revenue over the past 12 months. Statutory per share are forecast to be R$1.16, approximately in line with the last 12 months. Before this earnings report, the analysts had been forecasting revenues of R$20.4b and earnings per share (EPS) of R$1.21 in 2026. The analysts seem to have become a little more negative on the business after the latest results, given the small dip in their earnings per share numbers for next year.
View our latest analysis for Três Tentos Agroindustrial S/A
The consensus price target held steady at R$21.51, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. 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 Três Tentos Agroindustrial S/A, with the most bullish analyst valuing it at R$26.60 and the most bearish at R$17.00 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 27% growth on an annualised basis. That is in line with its 28% 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 5.3% per year. So it's pretty clear that Três Tentos Agroindustrial S/A is forecast to grow substantially faster than its 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. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at R$21.51, with the latest estimates not enough to have an impact on their price targets.
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. At Simply Wall St, we have a full range of analyst estimates for Três Tentos Agroindustrial S/A going out to 2028, and you can see them free on our platform here..
We don't want to rain on the parade too much, but we did also find 3 warning signs for Três Tentos Agroindustrial S/A (1 doesn't sit too well with us!) that you need to be mindful of.
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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.