Ninety One Group Exceeds Expectations with Strong Earnings Report

Ninety One Group (LON:N91) recently reported its yearly results, causing a 6.6% drop in its shares. Despite this, the company surprised analysts by delivering a statutory profit of UK£0.18 per share, which was 12% higher than expectations.

Analysts are now forecasting 2025 revenues to be UK£591.9m, with a slight decrease in earnings per share expected. However, there has been a positive shift in sentiment towards the company, as analysts have become more bullish on its future performance.

The consensus price target remains stable at UK£1.83, indicating that the improved earnings outlook may not have a significant impact on shareholder value creation. Analysts have varying price targets for Ninety One Group, suggesting a diverse view on the company’s future.

While the company’s revenue growth is expected to slow down, the wider industry is projected to grow at a faster rate. This indicates that Ninety One Group may face challenges in keeping up with industry growth trends.

In conclusion, the recent earnings report has led to an increase in optimism towards Ninety One Group. While there are concerns about revenue performance compared to industry peers, the company’s long-term trajectory remains crucial for investors to monitor.

For a detailed analysis of Ninety One Group’s future outlook and valuation, you can access free analyst estimates up to 2027 on Simply Wall St’s platform. Additionally, consider the warning signs identified by our team to make informed investment decisions.