Enad Global 7 AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
Shareholders might have noticed that Enad Global 7 AB (publ) (STO:EG7) filed its second-quarter result this time last week. The early response was not positive, with shares down 5.9% to kr19.38 in the past week. Statutory earnings per share of kr0.52 unfortunately missed expectations by 17%, although it was encouraging to see revenues of kr475m exceed expectations by 3.2%. Earnings are an important time for investors, as they can track a company's performance, look at what the analyst is forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analyst has changed their earnings models, following these results.
Taking into account the latest results, the most recent consensus for Enad Global 7 from sole analyst is for revenues of kr1.92b in 2026. If met, it would imply a meaningful 16% increase on its revenue over the past 12 months. Enad Global 7 is also expected to turn profitable, with statutory earnings of kr1.30 per share. Yet prior to the latest earnings, the analyst had been anticipated revenues of kr1.88b and earnings per share (EPS) of kr1.10 in 2026. Although the revenue estimates have not really changed, we can see there's been a nice increase in earnings per share expectations, suggesting that the analyst has become more bullish after the latest result.
See our latest analysis for Enad Global 7
The consensus price target rose 17% to kr35.00, suggesting that higher earnings estimates flow through to the stock's valuation as well.
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 analyst is definitely expecting Enad Global 7's growth to accelerate, with the forecast 35% annualised growth to the end of 2026 ranking favourably alongside historical growth of 4.4% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 9.0% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analyst also expect Enad Global 7 to grow faster than the wider industry.
The Bottom Line
The most important thing here is that the analyst upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Enad Global 7 following these results. 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. There was also a nice increase in the price target, with the analyst clearly feeling that the intrinsic value of the business is improving.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At least one analyst has provided forecasts out to 2028, which can be seen for free on our platform here.
You can also see whether Enad Global 7 is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.
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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.