Results: Olvi Oyj Beat Earnings Expectations And Analysts Now Have New Forecasts
As you might know, Olvi Oyj (HEL:OLVAS) recently reported its quarterly numbers. The result was positive overall - although revenues of €224m were in line with what the analysts predicted, Olvi Oyj surprised by delivering a statutory profit of €1.11 per share, modestly greater than expected. 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've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
Taking into account the latest results, the current consensus from Olvi Oyj's three analysts is for revenues of €746.5m in 2026. This would reflect a credible 5.2% increase on its revenue over the past 12 months. Statutory per-share earnings are expected to be €3.15, roughly flat on the last 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of €751.8m and earnings per share (EPS) of €3.13 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
View our latest analysis for Olvi Oyj
It will come as no surprise then, to learn that the consensus price target is largely unchanged at €36.50. 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. Currently, the most bullish analyst values Olvi Oyj at €40.00 per share, while the most bearish prices it at €33.00. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
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 analysts are definitely expecting Olvi Oyj's growth to accelerate, with the forecast 11% annualised growth to the end of 2026 ranking favourably alongside historical growth of 8.6% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 3.9% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Olvi Oyj is expected to grow much faster than its industry.
The Bottom Line
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at €36.50, 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 Olvi Oyj analysts - going out to 2028, and you can see them free on our platform here.
You can also view our analysis of Olvi Oyj's balance sheet, and whether we think Olvi Oyj is carrying too much debt, 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.