Earnings Miss: United Bankers Oyj Missed EPS By 20% And Analysts Are Revising Their Forecasts
The analyst might have been a bit too bullish on United Bankers Oyj (HEL:UNITED), given that the company fell short of expectations when it released its half-year results last week. It wasn't a great result overall - while revenue fell marginally short of analyst estimates at €30m, statutory earnings missed forecasts by 20%, coming in at just €0.53 per share. Following the result, the analyst has updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analyst has changed their mind on United Bankers Oyj after the latest results.
Taking into account the latest results, the current consensus from United Bankers Oyj's sole analyst is for revenues of €64.8m in 2026. This would reflect a meaningful 12% increase on its revenue over the past 12 months. In the lead-up to this report, the analyst had been modelling revenues of €65.4m and earnings per share (EPS) of €1.34 in 2026. Overall, while the analyst has reconfirmed their revenue estimates, the consensus now no longer provides an EPS estimate. This implies that the market believes revenue is more important after these latest results.
View our latest analysis for United Bankers Oyj
Additionally, the consensus price target for United Bankers Oyj rose 11% to €21.00, showing a clear increase in optimism from the the analyst involved.
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. It's clear from the latest estimates that United Bankers Oyj's rate of growth is expected to accelerate meaningfully, with the forecast 25% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 7.8% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 6.2% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analyst also expect United Bankers Oyj to grow faster than the wider industry.
The Bottom Line
The most important thing to take away is that the analyst reconfirmed their revenue estimates for next year, suggesting that the business is performing in line with expectations. 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. We note an upgrade to the price target, suggesting that the analyst believes the intrinsic value of the business is likely to improve over time.
We have estimates for United Bankers Oyj from one covering analyst, and you can see them free on our platform here.
You should always think about risks though. Case in point, we've spotted 2 warning signs for United Bankers Oyj you should be aware of, and 1 of them is a bit concerning.
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