The second-quarter results for Fastighets AB Trianon (publ) (STO:TRIAN B) were released last week, making it a good time to revisit its performance. Results were roughly in line with estimates, with revenues of kr208m and statutory earnings per share of kr1.61. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Fastighets AB Trianon after the latest results.
Taking into account the latest results, the current consensus from Fastighets AB Trianon's three analysts is for revenues of kr830.5m in 2026. This would reflect a reasonable 2.2% increase on its revenue over the past 12 months. Statutory earnings per share are forecast to plunge 22% to kr1.25 in the same period. Before this earnings report, the analysts had been forecasting revenues of kr830.0m and earnings per share (EPS) of kr1.26 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
Check out our latest analysis for Fastighets AB Trianon
The analysts reconfirmed their price target of kr23.33, showing that the business is executing well and in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Fastighets AB Trianon analyst has a price target of kr25.00 per share, while the most pessimistic values it at kr22.00. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that Fastighets AB Trianon's rate of growth is expected to accelerate meaningfully, with the forecast 4.4% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 3.2% p.a. over the past five years. Other similar companies in the industry (with analyst coverage) are also forecast to grow their revenue at 3.8% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Fastighets AB Trianon is expected to grow at about the same rate as the wider industry.
The Bottom Line
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at kr23.33, with the latest estimates not enough to have an impact on their price targets.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple Fastighets AB Trianon analysts - going out to 2028, and you can see them free on our platform here.
However, before you get too enthused, we've discovered 2 warning signs for Fastighets AB Trianon (1 shouldn't be ignored!) that you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.