Last week, you might have seen that Gilat Satellite Networks Ltd. (NASDAQ:GILT) released its annual result to the market. The early response was not positive, with shares down 8.5% to US$6.78 in the past week. The result was positive overall - although revenues of US$305m were in line with what the analysts predicted, Gilat Satellite Networks surprised by delivering a statutory profit of US$0.44 per share, modestly greater than expected. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

Check out our latest analysis for Gilat Satellite Networks

After the latest results, the three analysts covering Gilat Satellite Networks are now predicting revenues of US$441.1m in 2025. If met, this would reflect a huge 44% improvement in revenue compared to the last 12 months. Statutory per share are forecast to be US$0.44, approximately in line with the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of US$410.3m and earnings per share (EPS) of US$0.41 in 2025. 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.

Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of US$8.15, suggesting that the forecast performance does not have a long term impact on the company's valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Gilat Satellite Networks, with the most bullish analyst valuing it at US$8.50 and the most bearish at US$7.80 per share. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Gilat Satellite Networks is an easy business to forecast or the the analysts are all using similar assumptions.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting Gilat Satellite Networks' growth to accelerate, with the forecast 44% annualised growth to the end of 2025 ranking favourably alongside historical growth of 8.1% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 8.6% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Gilat Satellite Networks is expected to grow much faster than its industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Gilat Satellite Networks' earnings potential next year. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster 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. At Simply Wall St, we have a full range of analyst estimates for Gilat Satellite Networks going out to 2026, and you can see them free on our platform here..

We also provide an overview of the Gilat Satellite Networks Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, 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.