Last week, you might have seen that Wienerberger AG (VIE:WIE) released its second-quarter result to the market. The early response was not positive, with shares down 4.6% to €20.74 in the past week. It looks like a pretty bad result, all things considered. Although revenues of €1.4b were in line with analyst predictions, statutory earnings fell badly short, missing estimates by 59% to hit €0.29 per share. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
After the latest results, the eight analysts covering Wienerberger are now predicting revenues of €4.87b in 2026. If met, this would reflect a credible 4.7% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to soar 295% to €2.17. In the lead-up to this report, the analysts had been modelling revenues of €4.90b and earnings per share (EPS) of €1.40 in 2026. There was no real change to the revenue estimates, but the analysts do seem more bullish on earnings, given the considerable lift to earnings per share expectations following these results.
Check out our latest analysis for Wienerberger
The average the analysts price target fell 17% to €23.73, suggesting thatthe analysts have other concerns, and the improved earnings per share outlook was not enough to allay them. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Wienerberger analyst has a price target of €30.00 per share, while the most pessimistic values it at €18.00. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The analysts are definitely expecting Wienerberger's growth to accelerate, with the forecast 9.7% annualised growth to the end of 2026 ranking favourably alongside historical growth of 2.2% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 5.2% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Wienerberger is expected to grow much faster than its industry.
The Bottom Line
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Wienerberger's earnings potential next year. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.
With that in mind, we wouldn't be too quick to come to a conclusion on Wienerberger. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Wienerberger going out to 2028, and you can see them free on our platform here..
Before you take the next step you should know about the 3 warning signs for Wienerberger (1 doesn't sit too well with us!) that we have uncovered.
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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.