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Earnings Beat: Cimpress plc Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Cimpress Plc CMPR | 72.24 | -1.66% |
As you might know, Cimpress plc (NASDAQ:CMPR) just kicked off its latest first-quarter results with some very strong numbers. The company beat expectations with revenues of US$863m arriving 2.4% ahead of forecasts. Statutory earnings per share (EPS) were US$0.30, 5.3% ahead of estimates. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
After the latest results, the twin analysts covering Cimpress are now predicting revenues of US$3.60b in 2026. If met, this would reflect an okay 4.0% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to shoot up 136% to US$3.37. Before this earnings report, the analysts had been forecasting revenues of US$3.59b and earnings per share (EPS) of US$3.19 in 2026. So the consensus seems to have become somewhat more optimistic on Cimpress' earnings potential following these results.
The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 7.7% to US$83.50.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Cimpress' revenue growth is expected to slow, with the forecast 5.3% annualised growth rate until the end of 2026 being well below the historical 7.5% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 6.0% annually. Factoring in the forecast slowdown in growth, it looks like Cimpress is forecast to grow at about the same rate as the wider industry.
The Bottom Line
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Cimpress' earnings potential next year. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.
With that in mind, we wouldn't be too quick to come to a conclusion on Cimpress. Long-term earnings power is much more important than next year's profits. At least one analyst has provided forecasts out to 2028, which can be seen for free on our platform here.
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.


