Enel Chile S.A. (SNSE:ENELCHILE) shareholders are probably feeling a little disappointed, since its shares fell 6.9% to CL$80.20 in the week after its latest quarterly results. It was a pretty mixed result, with revenues beating expectations to hit US$1.2b. Statutory earnings fell 7.7% short of analyst forecasts, reaching US$0.0017 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Enel Chile after the latest results.
After the latest results, the consensus from Enel Chile's seven analysts is for revenues of US$4.39b in 2027, which would reflect a noticeable 3.6% decline in revenue compared to the last year of performance. Statutory per-share earnings are expected to be US$0.0084, roughly flat on the last 12 months. Before this earnings report, the analysts had been forecasting revenues of US$4.28b and earnings per share (EPS) of US$0.0083 in 2027. There doesn't appear to have been a major change in sentiment following the results, other than the slight bump in revenue estimates.
See our latest analysis for Enel Chile
The consensus price target increased 8.5% to CL$88.38, with an improved revenue forecast carrying the promise of a more valuable business, in time. 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. There are some variant perceptions on Enel Chile, with the most bullish analyst valuing it at CL$100.00 and the most bearish at CL$83.00 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Enel Chile's past performance and to peers in the same industry. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 2.9% by the end of 2027. This indicates a significant reduction from annual growth of 1.6% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 1.0% per year. It's pretty clear that Enel Chile's revenues are expected to perform substantially worse than 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. Fortunately, they also upgraded their revenue estimates, although our data indicates it is expected to perform worse than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.
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 Enel Chile going out to 2028, and you can see them free on our platform here..
Plus, you should also learn about the 2 warning signs we've spotted with Enel Chile (including 1 which shouldn't be ignored) .
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