Befesa S.A. (ETR:BFSA) just released its latest quarterly report and things are not looking great. Results showed a clear earnings miss, with €294m revenue coming in 3.4% lower than what the analystsexpected. Statutory earnings per share (EPS) of €0.12 missed the mark badly, arriving some 74% below what was expected. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Befesa after the latest results.

View our latest analysis for Befesa

Taking into account the latest results, the most recent consensus for Befesa from ten analysts is for revenues of €1.35b in 2025. If met, it would imply a decent 13% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to shoot up 64% to €2.27. Yet prior to the latest earnings, the analysts had been anticipated revenues of €1.35b and earnings per share (EPS) of €2.48 in 2025. The analysts seem to have become a little more negative on the business after the latest results, given the small dip in their earnings per share numbers for next year.

The consensus price target held steady at €35.50, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. 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 Befesa, with the most bullish analyst valuing it at €45.00 and the most bearish at €26.00 per share. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Befesa's revenue growth is expected to slow, with the forecast 10% annualised growth rate until the end of 2025 being well below the historical 17% 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) 4.9% per year. Even after the forecast slowdown in growth, it seems obvious that Befesa is also expected to grow faster than the wider industry.