Terranor Group AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Terranor Group AB (publ) (STO:TERNOR) just released its latest quarterly results and things are looking bullish. Terranor Group beat earnings, with revenues hitting kr1.0b, ahead of expectations, and statutory earnings per share outperforming analyst reckonings by a solid 19%. This is an important time for investors, as they can track a company's performance in its report, look at what expert is forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analyst has changed their mind on Terranor Group after the latest results.
Taking into account the latest results, the most recent consensus for Terranor Group from sole analyst is for revenues of kr4.11b in 2026. If met, it would imply a credible 3.2% increase on its revenue over the past 12 months. Per-share earnings are expected to bounce 479% to kr5.03. Before this earnings report, the analyst had been forecasting revenues of kr3.98b and earnings per share (EPS) of kr4.80 in 2026. It looks like there's been a modest increase in sentiment following the latest results, withthe analyst becoming a bit more optimistic in their predictions for both revenues and earnings.
See our latest analysis for Terranor Group
With these upgrades, we're not surprised to see that the analyst has lifted their price target 13% to kr42.50per share.
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 pretty clear that there is an expectation that Terranor Group's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 6.4% growth on an annualised basis. This is compared to a historical growth rate of 22% over the past year. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 3.5% per year. Even after the forecast slowdown in growth, it seems obvious that Terranor Group is also expected to grow faster than the wider industry.
The Bottom Line
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Terranor Group's earnings potential next year. Happily, they also upgraded their revenue estimates, and are forecasting them 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.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have analyst estimates for Terranor Group going out as far as 2028, and you can see them free on our platform here.
It is also worth noting that we have found 4 warning signs for Terranor Group (1 is concerning!) that you need to take into consideration.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.