Theon International Plc (AMS:THEON) Interim Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Theon International Plc (AMS:THEON) last week reported its latest interim results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. It looks like the results were a bit of a negative overall. While revenues of €249m were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 2.3% to hit €0.27 per share. 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.
Following the latest results, Theon International's ten analysts are now forecasting revenues of €600.2m in 2026. This would be a solid 18% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to decrease 5.4% to €1.48 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of €599.1m and earnings per share (EPS) of €1.48 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.
See our latest analysis for Theon International
It will come as no surprise then, to learn that the consensus price target is largely unchanged at €39.91. 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. The most optimistic Theon International analyst has a price target of €42.50 per share, while the most pessimistic values it at €36.00. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Theon International is an easy business to forecast or the the analysts are all using similar assumptions.
Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that Theon International's rate of growth is expected to accelerate meaningfully, with the forecast 39% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 33% p.a. over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 11% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Theon International is expected to grow much faster than its 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. 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 €39.91, 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. We have estimates - from multiple Theon International analysts - going out to 2028, and you can see them free on our platform here.
Even so, be aware that Theon International is showing 2 warning signs in our investment analysis , you should know about...
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