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Last week, you might have seen that K+S Aktiengesellschaft (ETR:SDF) released its yearly result to the market. The early response was not positive, with shares down 4.2% to €13.18 in the past week. Revenues came in at €3.7b, in line with estimates, while K+S reported a statutory loss of €0.37 per share, well short of prior analyst forecasts for a profit. 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.
View our latest analysis for K+S
Taking into account the latest results, K+S' 15 analysts currently expect revenues in 2025 to be €3.64b, approximately in line with the last 12 months. K+S is also expected to turn profitable, with statutory earnings of €0.25 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of €3.63b and earnings per share (EPS) of €0.32 in 2025. The analysts seem to have become more bearish following the latest results. While there were no changes to revenue forecasts, there was a large cut to EPS estimates.
It might be a surprise to learn that the consensus price target was broadly unchanged at €11.95, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. 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. There are some variant perceptions on K+S, with the most bullish analyst valuing it at €17.50 and the most bearish at €8.00 per share. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the K+S' past performance and to peers in the same industry. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 0.4% by the end of 2025. This indicates a significant reduction from annual growth of 15% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 3.9% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - K+S is expected to lag the wider industry.