City Holding Company (NASDAQ:CHCO) just released its latest first-quarter results and things are looking bullish. City Holding beat earnings, with revenues hitting US$75m, ahead of expectations, and statutory earnings per share outperforming analyst reckonings by a solid 12%. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit.

Following the latest results, City Holding's six analysts are now forecasting revenues of US$305.9m in 2025. This would be a reasonable 4.1% improvement in revenue compared to the last 12 months. Statutory per-share earnings are expected to be US$8.01, roughly flat on the last 12 months. Before this earnings report, the analysts had been forecasting revenues of US$299.0m and earnings per share (EPS) of US$7.56 in 2025. It looks like there's been a modest increase in sentiment following the latest results, withthe analysts becoming a bit more optimistic in their predictions for both revenues and earnings.

See our latest analysis for City Holding

Despite these upgrades,the analysts have not made any major changes to their price target of US$122, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values City Holding at US$128 per share, while the most bearish prices it at US$106. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting City Holding is an easy business to forecast or the the analysts are all using similar assumptions.

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. We can infer from the latest estimates that forecasts expect a continuation of City Holding'shistorical trends, as the 5.6% annualised revenue growth to the end of 2025 is roughly in line with the 6.6% annual growth over the past five years. Compare this with the broader industry (in aggregate), which analyst estimates suggest will see revenues grow 7.1% annually. So although City Holding is expected to maintain its revenue growth rate, it's forecast to grow slower than 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 City Holding's earnings potential next year. They also upgraded their revenue estimates for next year, even though it is expected to grow slower 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. We have forecasts for City Holding going out to 2026, and you can see them free on our platform here.

It is also worth noting that we have found 1 warning sign for City Holding that you need to take into consideration.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.