Last week, you might have seen that Schindler Holding AG (VTX:SCHN) released its quarterly result to the market. The early response was not positive, with shares down 7.1% to CHF242 in the past week. It was a credible result overall, with revenues of CHF2.7b and statutory earnings per share of CHF2.49 both in line with analyst estimates, showing that Schindler Holding is executing in line with expectations. 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
Following the latest results, Schindler Holding's 17 analysts are now forecasting revenues of CHF11.1b in 2026. This would be a credible 3.1% improvement in revenue compared to the last 12 months. Per-share earnings are expected to rise 4.3% to CHF10.03. In the lead-up to this report, the analysts had been modelling revenues of CHF11.1b and earnings per share (EPS) of CHF10.12 in 2026. 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.
See our latest analysis for Schindler Holding
There were no changes to revenue or earnings estimates or the price target of CHF298, suggesting that the company has met expectations in its recent result. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Schindler Holding at CHF345 per share, while the most bearish prices it at CHF273. This is a very narrow spread of estimates, implying either that Schindler Holding is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.
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. One thing stands out from these estimates, which is that Schindler Holding is forecast to grow faster in the future than it has in the past, with revenues expected to display 6.4% annualised growth until the end of 2026. If achieved, this would be a much better result than the 0.6% annual decline 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 7.9% per year. Although Schindler Holding's revenues are expected to improve, it seems that the analysts are still bearish on the business, forecasting it to grow slower than the broader 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. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Schindler Holding's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
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 forecasts for Schindler Holding going out to 2028, and you can see them free on our platform here.
You can also see our analysis of Schindler Holding's Board and CEO remuneration and experience, and whether company insiders have been buying stock.
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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.