Grupo Aeroméxico, S.A.B. de C.V. (NYSE:AERO) shareholders are probably feeling a little disappointed, since its shares fell 4.2% to US$15.93 in the week after its latest second-quarter results. The results overall were pretty much dead in line with analyst forecasts; revenues were US$1.5b and statutory losses were US$0.40 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Grupo Aeroméxico. de after the latest results.

Taking into account the latest results, the current consensus from Grupo Aeroméxico. de's nine analysts is for revenues of US$6.01b in 2026. This would reflect a satisfactory 5.8% increase on its revenue over the past 12 months. Per-share earnings are expected to surge 26% to US$1.85. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$5.99b and earnings per share (EPS) of US$1.91 in 2026. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.

The consensus price target held steady at US$27.21, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Grupo Aeroméxico. de, with the most bullish analyst valuing it at US$30.00 and the most bearish at US$20.00 per share. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

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. It's pretty clear that there is an expectation that Grupo Aeroméxico. de's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 12% growth on an annualised basis. This is compared to a historical growth rate of 19% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 6.7% per year. Even after the forecast slowdown in growth, it seems obvious that Grupo Aeroméxico. de is also expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at US$27.21, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for Grupo Aeroméxico. de going out to 2028, and you can see them free on our platform here.

You still need to take note of risks, for example - Grupo Aeroméxico. de has 3 warning signs (and 2 which don't sit too well with us) we think you should know about.

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.