Odfjell Technology Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Odfjell Technology Ltd. (OB:OTL) shareholders are probably feeling a little disappointed, since its shares fell 3.4% to kr60.00 in the week after its latest third-quarter results. Revenues kr1.4b disappointed slightly, at3.3% below what the analysts had predicted. Profits were a relative bright spot, with statutory per-share earnings of kr2.67 coming in 17% above what was anticipated. 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, the current consensus from Odfjell Technology's four analysts is for revenues of kr5.95b in 2027. This would reflect an okay 7.0% increase on its revenue over the past 12 months. Per-share earnings are expected to shoot up 33% to kr10.32. In the lead-up to this report, the analysts had been modelling revenues of kr6.02b and earnings per share (EPS) of kr10.32 in 2027. 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.
See our latest analysis for Odfjell Technology
The analysts reconfirmed their price target of kr78.20, showing that the business is executing well and in line with expectations. 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. There are some variant perceptions on Odfjell Technology, with the most bullish analyst valuing it at kr83.00 and the most bearish at kr70.00 per share. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.
Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Odfjell Technology's revenue growth is expected to slow, with the forecast 5.6% annualised growth rate until the end of 2027 being well below the historical 12% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 0.3% per year. Even after the forecast slowdown in growth, it seems obvious that Odfjell Technology is also 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. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at kr78.20, 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 Odfjell Technology. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Odfjell Technology going out to 2028, and you can see them free on our platform here..
It is also worth noting that we have found 1 warning sign for Odfjell Technology that you need to take into consideration.
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