As you might know, AdvanSix Inc. (NYSE:ASIX) just kicked off its latest quarterly results with some very strong numbers. AdvanSix delivered a significant beat with revenue hitting US$398m and statutory EPS reaching US$0.82, both beating estimates by more than 10%. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Check out our latest analysis for AdvanSix

Following the latest results, AdvanSix's twin analysts are now forecasting revenues of US$1.66b in 2025. This would be an okay 5.8% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 174% to US$3.97. Before this earnings report, the analysts had been forecasting revenues of US$1.67b and earnings per share (EPS) of US$3.50 in 2025. There was no real change to the revenue estimates, but the analysts do seem more bullish on earnings, given the decent improvement in earnings per share expectations following these results.

There's been no major changes to the consensus price target of US$35.50, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's pretty clear that there is an expectation that AdvanSix's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 4.6% growth on an annualised basis. This is compared to a historical growth rate of 6.2% over the past five years. Compare this to the 127 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 4.6% per year. Factoring in the forecast slowdown in growth, it looks like AdvanSix is forecast to grow at about the same rate as the wider industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around AdvanSix's earnings potential next year. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall 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 least one analyst has provided forecasts out to 2025, which can be seen for free on our platform here.

Plus, you should also learn about the 2 warning signs we've spotted with AdvanSix .

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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.