ArcticZymes Technologies ASA Just Missed EPS By 59%: Here’s What Analysts Think Will Happen Next

Last week, you might have seen that ArcticZymes Technologies ASA (OB:AZT) released its quarterly result to the market. The early response was not positive, with shares down 3.7% to kr20.70 in the past week. Statutory earnings per share fell badly short of expectations, coming in at kr0.03, some 59% below analyst forecasts, although revenues were okay, approximately in line with analyst estimates at kr33m. 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. So we gathered the latest post-earnings forecasts to see what estimate suggests is in store for next year.

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After the latest results, the lone analyst covering ArcticZymes Technologies are now predicting revenues of kr160.2m in 2027. If met, this would reflect a meaningful 17% improvement in revenue compared to the last 12 months. Per-share earnings are expected to surge 96% to kr0.53. Before this earnings report, the analyst had been forecasting revenues of kr160.2m and earnings per share (EPS) of kr0.53 in 2027. So it’s pretty clear that, although the analyst has updated their estimates, there’s been no major change in expectations for the business following the latest results.

View our latest analysis for ArcticZymes Technologies

The consensus price target fell 16% to kr27.00, suggesting that the analyst might have been a bit enthusiastic in their previous valuation – or they were expecting the company to provide stronger guidance in the quarterly results.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the ArcticZymes Technologies’ past performance and to peers in the same industry. One thing stands out from these estimates, which is that ArcticZymes Technologies is forecast to grow faster in the future than it has in the past, with revenues expected to display 14% annualised growth until the end of 2027. If achieved, this would be a much better result than the 2.4% 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 26% per year. Although ArcticZymes Technologies’ revenues are expected to improve, it seems that the analyst is 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 analyst reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse 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.

With that said, the long-term trajectory of the company’s earnings is a lot more important than next year. We have analyst estimates for ArcticZymes Technologies going out as far as 2028, and you can see them free on our platform here.

We also provide an overview of the ArcticZymes Technologies Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.

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