CTS Eventim AG & Co. KGaA Just Missed EPS By 21%: Here’s What Analysts Think Will Happen Next

The quarterly results for CTS Eventim AG & Co. KGaA (ETR:EVD) were released last week, making it a good time to revisit its performance. Revenue of €899m surpassed estimates by 6.7%, although statutory earnings per share missed badly, coming in 21% below expectations at €0.59 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there’s been a strong change in the company’s prospects, or if it’s business as usual. 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 €3.28b, approximately in line with the last 12 months. Per-share earnings are expected to increase 4.2% to €3.34. In the lead-up to this report, the analysts had been modelling revenues of €3.21b and earnings per share (EPS) of €3.25 in 2026. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.

See our latest analysis for CTS Eventim KGaA

Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of €88.29, suggesting that the forecast performance does not have a long term impact on the company’s valuation. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company’s valuation. The most optimistic CTS Eventim KGaA analyst has a price target of €100.00 per share, while the most pessimistic values it at €54.00. 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. We would highlight that revenue is expected to reverse, with a forecast 1.2% annualised decline to the end of 2026. That is a notable change from historical growth of 30% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 3.8% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining – CTS Eventim KGaA is expected to lag the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards CTS Eventim KGaA following these results. Fortunately, they also upgraded their revenue estimates, although our data indicates it 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.

With that in mind, we wouldn’t be too quick to come to a conclusion on CTS Eventim KGaA. Long-term earnings power is much more important than next year’s profits. We have forecasts for CTS Eventim KGaA going out to 2028, and you can see them free on our platform here.

You still need to take note of risks, for example – CTS Eventim KGaA has 1 warning sign we think you should be aware of.

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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.