Moreld ASA Just Missed EPS By 24%: Here's What Analysts Think Will Happen Next
It's been a good week for Moreld ASA (OB:MORLD) shareholders, because the company has just released its latest quarterly results, and the shares gained 7.7% to kr22.40. Results were mixed, with revenues of kr2.5b exceeding expectations, even as statutory earnings per share (EPS) fell badly short. Earnings were kr0.76 per share, -24% short of analyst expectations. 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 gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Taking into account the latest results, Moreld's two analysts currently expect revenues in 2026 to be kr8.20b, approximately in line with the last 12 months. Statutory earnings per share are predicted to shoot up 310% to kr2.28. Yet prior to the latest earnings, the analysts had been anticipated revenues of kr7.79b and earnings per share (EPS) of kr2.02 in 2026. There's been a pretty noticeable increase in sentiment, with the analysts upgrading revenues and making a nice gain to earnings per share in particular.
Check out our latest analysis for Moreld
It will come as no surprise to learn that the analysts have increased their price target for Moreld 5.9% to kr27.00on the back of these upgrades.
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. From these estimates it looks as though the analysts expect the years of declining revenue to come to an end, given the flat forecast out to 2026. That would be a definite improvement, given that the past year have seen revenue shrink 23% annually. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 5.0% annually. So it's pretty clear that, although revenues are improving, Moreld is still expected to grow slower than the industry.
The Bottom Line
The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Moreld following these results. They also upgraded their revenue estimates for next year, even though it is expected to grow slower than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.
With that in mind, we wouldn't be too quick to come to a conclusion on Moreld. Long-term earnings power is much more important than next year's profits. At least one analyst has provided forecasts out to 2028, which can be seen for free on our platform here.
That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Moreld , and understanding these should be part of your investment process.
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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.