Earnings Update: Sitowise Group Oyj (HEL:SITOWS) Just Reported And Analysts Are Trimming Their Forecasts
Shareholders might have noticed that Sitowise Group Oyj (HEL:SITOWS) filed its quarterly result this time last week. The early response was not positive, with shares down 3.4% to €2.56 in the past week. 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.
After the latest results, the consensus from Sitowise Group Oyj's twin analysts is for revenues of €174.7m in 2026, which would reflect a measurable 7.7% decline in revenue compared to the last year of performance. Per-share statutory losses are expected to explode, reaching €0.27 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of €192.8m and earnings per share (EPS) of €0.005 in 2026. The analysts have made an abrupt about-face on Sitowise Group Oyj, administering a minor downgrade to to revenue forecasts and slashing the earnings outlook from a profit to loss.
Check out our latest analysis for Sitowise Group Oyj
There was no major change to the consensus price target of €2.80, signalling that the business is performing roughly in line with expectations, despite lower earnings per share forecasts.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that revenue is expected to reverse, with a forecast 15% annualised decline to the end of 2026. That is a notable change from historical growth of 0.2% 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 7.3% annually for the foreseeable future. It's pretty clear that Sitowise Group Oyj's revenues are expected to perform substantially worse than the wider industry.
The Bottom Line
The biggest low-light for us was that the forecasts for Sitowise Group Oyj dropped from profits to a loss next year. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At least one analyst has provided forecasts out to 2028, which can be seen for free on our platform here.
You can also see whether Sitowise Group Oyj is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.
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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.