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ZEAL Network SE (ETR:TIMA) investors will be delighted, with the company turning in some strong numbers with its latest results. It was overall a positive result, with revenues beating expectations by 5.4% to hit €191m. ZEAL Network reported statutory earnings per share (EPS) €2.70, which was a notable 13% above what the analysts had forecast. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Taking into account the latest results, the most recent consensus for ZEAL Network from five analysts is for revenues of €198.1m in 2025. If met, it would imply a modest 3.8% increase on its revenue over the past 12 months. Statutory earnings per share are expected to dive 47% to €1.48 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of €195.8m and earnings per share (EPS) of €1.38 in 2025. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.
Check out our latest analysis for ZEAL Network
The consensus price target was unchanged at €60.50, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. 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 ZEAL Network, with the most bullish analyst valuing it at €69.00 and the most bearish at €57.00 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting ZEAL Network is an easy business to forecast or the the analysts are all using similar assumptions.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's pretty clear that there is an expectation that ZEAL Network's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 3.8% growth on an annualised basis. This is compared to a historical growth rate of 12% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 10% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than ZEAL Network.