Earnings Miss: Birkenstock Holding plc Missed EPS By 20% And Analysts Are Revising Their Forecasts

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There's been a major selloff in Birkenstock Holding plc (NYSE:BIRK) shares in the week since it released its quarterly report, with the stock down 22% to US$49.90. It was not a great result overall. While revenues of €565m were in line with analyst predictions, earnings were less than expected, missing statutory estimates by 20% to hit €0.40 per share. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Birkenstock Holding after the latest results.

View our latest analysis for Birkenstock Holding

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Taking into account the latest results, the current consensus from Birkenstock Holding's 19 analysts is for revenues of €2.10b in 2025. This would reflect a sizeable 22% increase on its revenue over the past 12 months. Per-share earnings are expected to leap 191% to €1.72. Yet prior to the latest earnings, the analysts had been anticipated revenues of €2.11b and earnings per share (EPS) of €1.73 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.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$66.89. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Birkenstock Holding at US$87.48 per share, while the most bearish prices it at US$57.87. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

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 can infer from the latest estimates that forecasts expect a continuation of Birkenstock Holding'shistorical trends, as the 17% annualised revenue growth to the end of 2025 is roughly in line with the 16% annual growth over the past three years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 5.6% annually. So although Birkenstock Holding is expected to maintain its revenue growth rate, it's definitely expected to grow faster 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. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Birkenstock Holding going out to 2026, and you can see them free on our platform here.

Plus, you should also learn about the 1 warning sign we've spotted with Birkenstock Holding .

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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.

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