Hexagon Purus ASA (OB:HPUR) just released its latest third-quarter report and things are not looking great. It was not a great result overall, as revenues of kr150m fell 30% short of analyst expectations. Unsurprisingly, statutory losses ended up being12% larger than the analysts expected, at kr5.64 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Taking into account the latest results, the most recent consensus for Hexagon Purus from three analysts is for revenues of kr1.64b in 2027. If met, it would imply a huge 60% increase on its revenue over the past 12 months. Losses are predicted to fall substantially, shrinking 52% to kr12.49. Before this latest report, the consensus had been expecting revenues of kr1.73b and kr12.69 per share in losses.

See our latest analysis for Hexagon Purus

There was no real change to the average price target of kr21.00, suggesting that the revisions to revenue estimates are not expected to have a long-term impact on Hexagon Purus' valuation.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. The analysts are definitely expecting Hexagon Purus' growth to accelerate, with the forecast 46% annualised growth to the end of 2027 ranking favourably alongside historical growth of 13% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 11% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Hexagon Purus is expected to grow much faster than its industry.

The Bottom Line

The most important thing to take away is that the analysts reconfirmed their loss per share estimates for next year. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster 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.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Hexagon Purus going out to 2028, and you can see them free on our platform here..

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Hexagon Purus (2 are a bit concerning) you should be aware of.

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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.