Will Nanobiotix S.A.'s (EPA:NANO) Earnings Grow In The Years Ahead?

Simply Wall St

Nanobiotix S.A.'s (EPA:NANO) most recent earnings announcement in December 2018 indicated that losses became smaller relative to the prior year's level as a result of recent tailwinds Investors may find it useful to understand how market analysts predict Nanobiotix's earnings growth trajectory over the next couple of years and whether the future looks brighter. Note that I will be looking at net income excluding extraordinary items to get a better understanding of the underlying drivers of earnings.

View our latest analysis for Nanobiotix

Market analysts' consensus outlook for the upcoming year seems relatively muted, with earnings continuing to flop around in the negative territory, reaching -€30.7m in 2020. However, earnings should move into an upward direction, reaching -€31.7m in 2021, and -€32.9m in 2022.

ENXTPA:NANO Past and Future Earnings, April 12th 2019

Although it is informative knowing the rate of growth each year relative to today’s figure, it may be more valuable to gauge the rate at which the business is rising or falling every year, on average. The pro of this approach is that it ignores near term flucuations and accounts for the overarching direction of Nanobiotix's earnings trajectory over time, be more volatile. To calculate this rate, I've appended a line of best fit through analyst consensus of forecasted earnings. The slope of this line is the rate of earnings growth, which in this case is -4.1%. This means that, we can presume Nanobiotix will chip away at a rate of -4.1% every year for the next few years.

Next Steps:

For Nanobiotix, there are three important factors you should further research:

  1. Financial Health: Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.
  2. Future Earnings: How does NANO's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.
  3. Other High-Growth Alternatives: Are there other high-growth stocks you could be holding instead of NANO? Explore our interactive list of stocks with large growth potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.