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As you might know, Standard Chartered PLC (LON:STAN) recently reported its quarterly numbers. Revenues were US$5.4b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at US$0.55, an impressive 28% ahead of estimates. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Standard Chartered after the latest results.
Following the latest results, Standard Chartered's 17 analysts are now forecasting revenues of US$20.4b in 2025. This would be an okay 6.1% improvement in revenue compared to the last 12 months. Per-share earnings are expected to increase 6.5% to US$1.69. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$20.3b and earnings per share (EPS) of US$1.70 in 2025. 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.
See our latest analysis for Standard Chartered
There were no changes to revenue or earnings estimates or the price target of UK£12.08, suggesting that the company has met expectations in its recent result. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Standard Chartered at UK£14.54 per share, while the most bearish prices it at UK£9.17. 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 Standard Chartered shareholders.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Standard Chartered's past performance and to peers in the same industry. We can infer from the latest estimates that forecasts expect a continuation of Standard Chartered'shistorical trends, as the 8.2% annualised revenue growth to the end of 2025 is roughly in line with the 7.9% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 5.6% per year. So it's pretty clear that Standard Chartered is forecast to grow substantially faster than its industry.