Analyst Estimates: Here’s What Brokers Think Of CTS Eventim AG & Co. KGaA (ETR:EVD) After Its Full-Year Report

editorial-team@simplywallst.com (Simply Wall St)

Sun, Mar 30, 2025, 4:58 AM 3 min read

Last week, you might have seen that CTS Eventim AG & Co. KGaA (ETR:EVD) released its full-year result to the market. The early response was not positive, with shares down 4.7% to €95.40 in the past week. The result was positive overall – although revenues of €2.8b were in line with what the analysts predicted, CTS Eventim KGaA surprised by delivering a statutory profit of €3.32 per share, modestly greater than expected. This is an important time for investors, as they can track a company’s performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We’ve gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

Taking into account the latest results, the consensus forecast from CTS Eventim KGaA’s eleven analysts is for revenues of €3.04b in 2025. This reflects a solid 8.1% improvement in revenue compared to the last 12 months. Per-share earnings are expected to increase 6.4% to €3.54. Before this earnings report, the analysts had been forecasting revenues of €3.04b and earnings per share (EPS) of €3.48 in 2025. So it’s pretty clear that, although the analysts have updated their estimates, there’s been no major change in expectations for the business following the latest results.

View our latest analysis for CTS Eventim KGaA

There were no changes to revenue or earnings estimates or the price target of €109, suggesting that the company has met expectations in its recent result. 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. Currently, the most bullish analyst values CTS Eventim KGaA at €120 per share, while the most bearish prices it at €95.00. This is a very narrow spread of estimates, implying either that CTS Eventim KGaA is an easy company to value, or – more likely – the analysts are relying heavily on some key assumptions.

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. We would highlight that CTS Eventim KGaA’s revenue growth is expected to slow, with the forecast 8.1% annualised growth rate until the end of 2025 being well below the historical 34% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 6.3% annually. Even after the forecast slowdown in growth, it seems obvious that CTS Eventim KGaA is also expected to grow faster than the wider industry.