H. Lundbeck A/S (CPH:HLUN B) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
A week ago, H. Lundbeck A/S (CPH:HLUN B) came out with a strong set of second-quarter numbers that could potentially lead to a re-rate of the stock. The company beat expectations with revenues of kr.6.5b arriving 3.6% ahead of forecasts. Statutory earnings per share (EPS) were kr.1.16, 3.2% ahead of estimates. 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. 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, H. Lundbeck's twelve analysts currently expect revenues in 2026 to be kr.25.9b, approximately in line with the last 12 months. Per-share earnings are expected to swell 15% to kr.4.55. Before this earnings report, the analysts had been forecasting revenues of kr.25.8b and earnings per share (EPS) of kr.4.57 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
Check out our latest analysis for H. Lundbeck
There were no changes to revenue or earnings estimates or the price target of kr.48.21, suggesting that the company has met expectations in its recent result. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values H. Lundbeck at kr.65.00 per share, while the most bearish prices it at kr.34.00. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.
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. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 0.2% by the end of 2026. This indicates a significant reduction from annual growth of 9.8% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 5.1% annually for the foreseeable future. It's pretty clear that H. Lundbeck's revenues are expected to perform substantially worse 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. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at kr.48.21, with the latest estimates not enough to have an impact on their price targets.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple H. Lundbeck analysts - going out to 2028, and you can see them free on our platform here.
You still need to take note of risks, for example - H. Lundbeck has 1 warning sign we think you should be aware 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.