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Superior Plus Corp. (TSE:SPB) just released its latest quarterly results and things are looking bullish. It was overall a positive result, with revenues beating expectations by 3.3% to hit US$980m. Superior Plus also reported a statutory profit of US$0.52, which was an impressive 27% above what the analysts had forecast. 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.
Following the latest results, Superior Plus' six analysts are now forecasting revenues of US$2.82b in 2025. This would be a notable 13% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 496% to US$0.39. Before this earnings report, the analysts had been forecasting revenues of US$2.71b and earnings per share (EPS) of US$0.33 in 2025. There's been a pretty noticeable increase in sentiment, with the analysts upgrading revenues and making a substantial gain in earnings per share in particular.
View our latest analysis for Superior Plus
Despite these upgrades,the analysts have not made any major changes to their price target of CA$9.95, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth. 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 Superior Plus analyst has a price target of CA$12.00 per share, while the most pessimistic values it at CA$7.50. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
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 Superior Plus' rate of growth is expected to accelerate meaningfully, with the forecast 18% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 11% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 5.6% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Superior Plus is expected to grow much faster than its industry.