Teleste Oyj (HEL:TLT1V) Just Reported Second-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Last week, you might have seen that Teleste Oyj (HEL:TLT1V) released its quarterly result to the market. The early response was not positive, with shares down 3.1% to €3.41 in the past week. Teleste Oyj reported in line with analyst predictions, delivering revenues of €35m and statutory earnings per share of €0.07, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as they can track a company's performance, look at what the analyst is forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analyst has changed their mind on Teleste Oyj after the latest results.
Taking into account the latest results, the current consensus from Teleste Oyj's single analyst is for revenues of €143.0m in 2026. This would reflect an okay 4.0% increase on its revenue over the past 12 months. Per-share earnings are expected to soar 44% to €0.35. Before this earnings report, the analyst had been forecasting revenues of €145.0m and earnings per share (EPS) of €0.36 in 2026. The analyst seem to have become a little more negative on the business after the latest results, given the minor downgrade to their earnings per share numbers for next year.
View our latest analysis for Teleste Oyj
The consensus price target held steady at €4.20, with the analyst seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future.
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. For example, we noticed that Teleste Oyj's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 8.2% growth to the end of 2026 on an annualised basis. That is well above its historical decline of 3.0% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 4.1% annually. Not only are Teleste Oyj's revenues expected to improve, it seems that the analyst is also expecting it to grow faster than the wider industry.
The Bottom Line
The most important thing to take away is that the analyst downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. 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 €4.20, with the latest estimates not enough to have an impact on their price target.
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.
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Teleste 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.