Telstra Group Limited released its annual report, reporting revenue of A$23.0 billion and EPS of A$0.20, both below market expectations. The forecasts have been revised to A$23.6 billion in revenue and A$0.22 in EPS for 2027, with expectations softening slightly.
Telstra Group Limited released its latest annual report, reporting revenue of A$23.0 billion and EPS of A$0.20. These figures were approximately 3.5% and 3.0% below analysts’ forecasts, respectively. Around the results announcement, the market’s focus was on how the company’s earnings model and outlook for the next fiscal year would be revised.
The latest consensus forecast from 13 analysts projects 2027 revenue of A$23.6 billion and EPS of A$0.22. The revenue forecast was revised down from the previous estimate of A$24.2 billion, while the EPS forecast was unchanged. The consensus indicates a price target of A$5.01, while the range between the most optimistic and most conservative estimates, at A$4.20–A$5.50, shows that views on the company’s prospects remain divided.
The annual growth rate over the past five years was 2.0%, compared with projected growth of 2.8% through the end of 2027, indicating growth broadly in line with the industry average. Overall, there has been no major change in the recent business outlook. Analysts have left their earnings forecasts unchanged, while revising their revenue forecasts downward.
Analysis continues to assess factors including long-term earnings power, fair value estimates and dividend policy. Some analysts believe that the assessment of long-term earnings power will be more important than next year’s earnings forecast, and the company’s future direction remains a focus across multiple analyses.