Kreate Group Oyj Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
A week ago, Kreate Group Oyj (HEL:KREATE) came out with a strong set of second-quarter numbers that could potentially lead to a re-rate of the stock. It was a solid earnings report, with revenues and statutory earnings per share (EPS) both coming in strong. Revenues were 20% higher than the analyst had forecast, at €185m, while EPS were €0.64 beating analyst models by 56%. The analyst 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 collected the latest post-earnings statutory consensus estimate to see what could be in store for next year.
After the latest results, the solitary analyst covering Kreate Group Oyj are now predicting revenues of €662.0m in 2026. If met, this would reflect a huge 40% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to soar 60% to €2.10. Yet prior to the latest earnings, the analyst had been anticipated revenues of €623.8m and earnings per share (EPS) of €1.84 in 2026. There's been a pretty noticeable increase in sentiment, with the analyst upgrading revenues and making a nice increase in earnings per share in particular.
Check out our latest analysis for Kreate Group Oyj
It will come as no surprise to learn that the analyst has increased their price target for Kreate Group Oyj 20% to €30.00on the back of these upgrades.
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. The analyst is definitely expecting Kreate Group Oyj's growth to accelerate, with the forecast 96% annualised growth to the end of 2026 ranking favourably alongside historical growth of 8.5% per annum 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 6.3% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Kreate Group Oyj is expected to grow much faster than its industry.
The Bottom Line
The most important thing here is that the analyst upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Kreate Group Oyj following these results. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analyst believes the intrinsic value of the business is likely to improve over time.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for Kreate Group Oyj going out as far as 2028, and you can see them free on our platform here.
However, before you get too enthused, we've discovered 3 warning signs for Kreate Group Oyj that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.