Last week saw the newest full-year earnings release from Ashmore Group Plc (LON:ASHM), an important milestone in the company's journey to build a stronger business. It looks like the results were a bit of a negative overall. While revenues of UK￡187m were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 6.6% to hit UK￡0.14 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

See our latest analysis for Ashmore Group

Taking into account the latest results, the current consensus, from the eight analysts covering Ashmore Group, is for revenues of UK￡163.2m in 2025. This implies a definite 13% reduction in Ashmore Group's revenue over the past 12 months. Statutory earnings per share are forecast to nosedive 25% to UK￡0.11 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of UK￡165.1m and earnings per share (EPS) of UK￡0.11 in 2025. 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.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at UK￡1.85. 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 Ashmore Group, with the most bullish analyst valuing it at UK￡2.85 and the most bearish at UK￡1.50 per share. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

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. We would also point out that the forecast 13% annualised revenue decline to the end of 2025 is roughly in line with the historical trend, which saw revenues shrink 13% annually over the past five years By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 3.6% per year. So it's pretty clear that, while it does have declining revenues, the analysts also expect Ashmore Group to suffer worse than the wider industry.