Investors in ATOSS Software SE (ETR:AOF) had a good week, as its shares rose 3.5% to close at €136 following the release of its half-year results. ATOSS Software reported in line with analyst predictions, delivering revenues of €84m and statutory earnings per share of €2.25, suggesting the business is executing well and in line with its plan. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

Check out our latest analysis for ATOSS Software

Taking into account the latest results, the consensus forecast from ATOSS Software's five analysts is for revenues of €172.4m in 2024. This reflects an okay 6.6% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to reduce 3.4% to €2.48 in the same period. Before this earnings report, the analysts had been forecasting revenues of €172.5m and earnings per share (EPS) of €2.41 in 2024. So the consensus seems to have become somewhat more optimistic on ATOSS Software's earnings potential following these results.

There's been no major changes to the consensus price target of €126, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. 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 ATOSS Software, with the most bullish analyst valuing it at €145 and the most bearish at €112 per share. This is a very narrow spread of estimates, implying either that ATOSS Software is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that ATOSS Software's revenue growth will slow down substantially, with revenues to the end of 2024 expected to display 14% growth on an annualised basis. This is compared to a historical growth rate of 18% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 10% annually. Even after the forecast slowdown in growth, it seems obvious that ATOSS Software is also expected to grow faster than the wider industry.