CTS Eventim AG & Co. KGaA (ETR:EVD) investors will be delighted, with the company turning in some strong numbers with its latest results. CTS Eventim KGaA delivered a significant beat with revenue hitting €613m and statutory EPS reaching €0.66, both beating estimates by more than 10%. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We’ve gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
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Following last week’s earnings report, CTS Eventim KGaA’s twelve analysts are forecasting 2026 revenues to be €3.20b, approximately in line with the last 12 months. Statutory earnings per share are predicted to rise 6.6% to €3.27. Yet prior to the latest earnings, the analysts had been anticipated revenues of €3.16b and earnings per share (EPS) of €3.29 in 2026. The consensus analysts don’t seem to have seen anything in these results that would have changed their view on the business, given there’s been no major change to their estimates.
View our latest analysis for CTS Eventim KGaA
There were no changes to revenue or earnings estimates or the price target of €91.13, suggesting that the company has met expectations in its recent result. 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. The most optimistic CTS Eventim KGaA analyst has a price target of €100.00 per share, while the most pessimistic values it at €65.00. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await CTS Eventim KGaA shareholders.
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. It’s pretty clear that there is an expectation that CTS Eventim KGaA’s revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 0.1% growth on an annualised basis. This is compared to a historical growth rate of 34% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 3.9% annually. Factoring in the forecast slowdown in growth, it seems obvious that CTS Eventim KGaA is also expected to grow slower than other industry participants.