Nurminen Logistics Oyj (HEL:NLG1V) last week reported its latest second-quarter results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. The results don't look great, especially considering that the analyst had been forecasting a profit and Nurminen Logistics Oyj delivered a statutory loss of €0.01 per share. Revenues of €28m did beat expectations by 4.3% though. Earnings are an important time for investors, as they can track a company's performance, look at what the analyst is forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analyst is expecting for next year.
Taking into account the latest results, the consensus forecast from Nurminen Logistics Oyj's sole analyst is for revenues of €107.6m in 2026. This reflects a reasonable 4.7% improvement in revenue compared to the last 12 months. The company is forecast to report a statutory loss of €0.03 in 2026, a sharp decline from a profit over the last year. Before this earnings report, the analyst had been forecasting revenues of €105.2m and earnings per share (EPS) of €0.04 in 2026. Yet despite a modest lift to revenues, the analyst is now forecasting a loss instead of a profit, which looks like a reduction in sentiment after the latest results.
View our latest analysis for Nurminen Logistics Oyj
It will come as no surprise that expanding losses caused the consensus price target to fall 13% to €0.70with the analyst implicitly ranking ongoing losses as a greater concern than growing revenues.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. For example, we noticed that Nurminen Logistics Oyj's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 9.7% growth to the end of 2026 on an annualised basis. That is well above its historical decline of 5.2% a year over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 1.5% per year. Not only are Nurminen Logistics Oyj's revenues expected to improve, it seems that the analyst is also expecting it to grow faster than the wider industry.
The Bottom Line
The biggest low-light for us was that the forecasts for Nurminen Logistics Oyj dropped from profits to a loss next year. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. Furthermore, the analyst also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At least one analyst has provided forecasts out to 2028, which can be seen for free on our platform here.
We don't want to rain on the parade too much, but we did also find 4 warning signs for Nurminen Logistics Oyj that you need to be mindful of.
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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.