Jyske Bank A/S Just Beat EPS By 12%: Here's What Analysts Think Will Happen Next

Simply Wall St · 05/10 06:36

As you might know, Jyske Bank A/S (CPH:JYSK) just kicked off its latest first-quarter results with some very strong numbers. Jyske Bank beat earnings, with revenues hitting kr.3.2b, ahead of expectations, and statutory earnings per share outperforming analyst reckonings by a solid 12%. 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

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CPSE:JYSK Earnings and Revenue Growth May 10th 2025

Taking into account the latest results, the four analysts covering Jyske Bank provided consensus estimates of kr.12.7b revenue in 2025, which would reflect a not inconsiderable 9.7% decline over the past 12 months. Statutory earnings per share are forecast to descend 16% to kr.69.73 in the same period. Before this earnings report, the analysts had been forecasting revenues of kr.12.6b and earnings per share (EPS) of kr.67.38 in 2025. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.

See our latest analysis for Jyske Bank

There's been no major changes to the consensus price target of kr.586, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Jyske Bank at kr.670 per share, while the most bearish prices it at kr.514. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Jyske Bank is an easy business to forecast or the the analysts are all using similar assumptions.

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. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 13% by the end of 2025. This indicates a significant reduction from annual growth of 16% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 0.4% annually for the foreseeable future. It's pretty clear that Jyske Bank's revenues are expected to perform substantially worse than the wider industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Jyske Bank's earnings potential next year. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at kr.586, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Jyske Bank analysts - going out to 2027, and you can see them free on our platform here.

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Jyske Bank (1 is potentially serious) you should be aware of.