Last week, you might have seen that Cimpress plc (NASDAQ:CMPR) released its first-quarter result to the market. The early response was not positive, with shares down 6.1% to US$71.25 in the past week. Revenues came in at US$805m, in line with estimates, while Cimpress reported a statutory loss of US$0.50 per share, well short of prior analyst forecasts for a profit. 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
See our latest analysis for Cimpress
After the latest results, the dual analysts covering Cimpress are now predicting revenues of US$3.48b in 2025. If met, this would reflect a satisfactory 4.1% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to plunge 38% to US$3.86 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$3.47b and earnings per share (EPS) of US$4.59 in 2025. So there's definitely been a decline in sentiment after the latest results, noting the real cut to new EPS forecasts.
It might be a surprise to learn that the consensus price target was broadly unchanged at US$115, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of Cimpress'historical trends, as the 5.4% annualised revenue growth to the end of 2025 is roughly in line with the 5.7% annual growth over the past five years. Compare this with the broader industry (in aggregate), which analyst estimates suggest will see revenues grow 6.6% annually. So it's pretty clear that Cimpress is expected to grow slower than similar companies in the same 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. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Cimpress' revenue is expected to perform worse 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.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.
You should always think about risks though. Case in point, we've spotted 2 warning signs for Cimpress you should be aware of, and 1 of them makes us a bit uncomfortable.
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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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