Cloetta AB (publ) Just Recorded A 30% EPS Beat: Here's What Analysts Are Forecasting Next
It's been a good week for Cloetta AB (publ) (STO:CLA B) shareholders, because the company has just released its latest third-quarter results, and the shares gained 3.9% to kr61.65. It looks like a credible result overall - although revenues of kr2.2b were what the analyst expected, Cloetta surprised by delivering a (statutory) profit of kr0.86 per share, an impressive 30% above what was forecast. 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 Cloetta after the latest results.
Following the latest results, Cloetta's sole analyst are now forecasting revenues of kr9.34b in 2027. This would be a modest 7.8% improvement in revenue compared to the last 12 months. Statutory per share are forecast to be kr3.14, approximately in line with the last 12 months. In the lead-up to this report, the analyst had been modelling revenues of kr9.34b and earnings per share (EPS) of kr3.07 in 2027. The analyst seem to have become more bullish on the business, judging by their new earnings per share estimates.
View our latest analysis for Cloetta
There's been no major changes to the consensus price target of kr65.00, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The period to the end of 2027 brings more of the same, according to the analyst, with revenue forecast to display 6.2% growth on an annualised basis. That is in line with its 7.7% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 5.3% annually. It's clear that while Cloetta's revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.
The Bottom Line
The most important thing here is that the analyst upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Cloetta following these results. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at kr65.00, with the latest estimates not enough to have an impact on their price target.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for Cloetta going out as far as 2028, and you can see them free on our platform here.
Before you take the next step you should know about the 1 warning sign for Cloetta that we have uncovered.
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