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As you might know, Ecovyst Inc. (NYSE:ECVT) last week released its latest third-quarter, and things did not turn out so great for shareholders. Results showed a clear earnings miss, with US$179m revenue coming in 3.9% lower than what the analystsexpected. Statutory earnings per share (EPS) of US$0.12 missed the mark badly, arriving some 27% below what was expected. 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.
See our latest analysis for Ecovyst
Taking into account the latest results, the consensus forecast from Ecovyst's six analysts is for revenues of US$752.1m in 2025. This reflects a meaningful 8.2% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 56% to US$0.72. In the lead-up to this report, the analysts had been modelling revenues of US$749.3m and earnings per share (EPS) of US$0.72 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
There were no changes to revenue or earnings estimates or the price target of US$9.71, suggesting that the company has met expectations in its recent result. 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 Ecovyst analyst has a price target of US$12.00 per share, while the most pessimistic values it at US$8.00. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Ecovyst shareholders.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. For example, we noticed that Ecovyst's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 6.5% growth to the end of 2025 on an annualised basis. That is well above its historical decline of 2.5% a year over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 4.6% per year. Not only are Ecovyst's revenues expected to improve, it seems that the analysts are also expecting it to grow faster than the wider industry.