It's been a good week for Envista Holdings Corporation (NYSE:NVST) shareholders, because the company has just released its latest yearly results, and the shares gained 3.6% to US$21.25. Revenues came in at US$2.5b, in line with forecasts and the company reported a statutory loss of US$6.50 per share, roughly in line with expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

Check out our latest analysis for Envista Holdings

Taking into account the latest results, Envista Holdings' 14 analysts currently expect revenues in 2025 to be US$2.53b, approximately in line with the last 12 months. Envista Holdings is also expected to turn profitable, with statutory earnings of US$0.36 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$2.57b and earnings per share (EPS) of US$0.35 in 2025. So the consensus seems to have become somewhat more optimistic on Envista Holdings' earnings potential following these results.

There's been no major changes to the consensus price target of US$22.17, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Envista Holdings analyst has a price target of US$26.00 per share, while the most pessimistic values it at US$18.00. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

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 would highlight that Envista Holdings' revenue growth is expected to slow, with the forecast 0.8% annualised growth rate until the end of 2025 being well below the historical 3.4% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 7.8% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Envista Holdings.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Envista Holdings' earnings potential next year. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will 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 said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Envista Holdings going out to 2027, and you can see them free on our platform here.

It might also be worth considering whether Envista Holdings' debt load is appropriate, using our debt analysis tools on the Simply Wall St platform, here.

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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.