Alithya Group Inc. (TSE:ALYA) just released its latest quarterly report and things are not looking great. Revenues missed expectations somewhat, coming in at CA$121m, but statutory earnings fell catastrophically short, with a loss of CA$0.03 some 500% larger than what the analysts had predicted. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for Alithya Group

Taking into account the latest results, the consensus forecast from Alithya Group's five analysts is for revenues of CA$491.1m in 2025. This reflects a satisfactory 2.2% improvement in revenue compared to the last 12 months. Per-share statutory losses are expected to explode, reaching CA$0.005 per share. Before this earnings report, the analysts had been forecasting revenues of CA$502.6m and earnings per share (EPS) of CA$0.02 in 2025. The analysts have made an abrupt about-face on Alithya Group, administering a small dip in to revenue forecasts and slashing the earnings outlook from a profit to loss.

The analysts lifted their price target 7.8% to CA$3.07, implicitly signalling that lower earnings per share are not expected to have a longer-term impact on the stock's value. 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. The most optimistic Alithya Group analyst has a price target of CA$3.50 per share, while the most pessimistic values it at CA$2.50. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Alithya Group's revenue growth is expected to slow, with the forecast 3.0% annualised growth rate until the end of 2025 being well below the historical 17% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 8.9% per year. Factoring in the forecast slowdown in growth, it seems obvious that Alithya Group is also expected to grow slower than other industry participants.