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InPost S.A. (AMS:INPST) shareholders are probably feeling a little disappointed, since its shares fell 4.1% to €16.87 in the week after its latest quarterly results. It looks like a pretty bad result, all things considered. Although revenues of zł2.5b were in line with analyst predictions, statutory earnings fell badly short, missing estimates by 31% to hit zł0.51 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
See our latest analysis for InPost
After the latest results, the 14 analysts covering InPost are now predicting revenues of zł13.1b in 2025. If met, this would reflect a substantial 28% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 70% to zł3.40. Before this earnings report, the analysts had been forecasting revenues of zł13.1b and earnings per share (EPS) of zł3.43 in 2025. 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.
It will come as no surprise then, to learn that the consensus price target is largely unchanged at €19.22. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values InPost at €22.81 per share, while the most bearish prices it at €8.03. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's pretty clear that there is an expectation that InPost's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 22% growth on an annualised basis. This is compared to a historical growth rate of 35% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 2.3% annually. Even after the forecast slowdown in growth, it seems obvious that InPost is also expected to grow faster than the wider industry.