Hanza AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Hanza AB (publ) (STO:HANZA) shareholders are probably feeling a little disappointed, since its shares fell 3.6% to kr160 in the week after its latest third-quarter results. Revenues were kr2.5b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at kr1.96, an impressive 27% ahead of estimates. 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. 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, the most recent consensus for Hanza from four analysts is for revenues of kr12.6b in 2027. If met, it would imply a huge 33% increase on its revenue over the past 12 months. Per-share earnings are expected to surge 73% to kr10.46. In the lead-up to this report, the analysts had been modelling revenues of kr12.6b and earnings per share (EPS) of kr10.28 in 2027. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
See our latest analysis for Hanza
There were no changes to revenue or earnings estimates or the price target of kr188, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Hanza at kr197 per share, while the most bearish prices it at kr181. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Hanza is an easy business to forecast or the the analysts are all using similar assumptions.
Of course, another way to look at these forecasts is to place them into context against the industry itself. The period to the end of 2027 brings more of the same, according to the analysts, with revenue forecast to display 25% growth on an annualised basis. That is in line with its 24% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 7.2% annually. So although Hanza is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider 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 kr188, with the latest estimates not enough to have an impact on their price targets.
With that in mind, we wouldn't be too quick to come to a conclusion on Hanza. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Hanza analysts - going out to 2028, and you can see them free on our platform here.
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Hanza that you should be aware of.
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