Marubeni Corporation Just Recorded A 37% EPS Beat: Here's What Analysts Are Forecasting Next
A week ago, Marubeni Corporation (TSE:8002) came out with a strong set of half-yearly numbers that could potentially lead to a re-rate of the stock. It was overall a positive result, with revenues beating expectations by 8.4% to hit JP¥2.0t. Marubeni also reported a statutory profit of JP¥91.76, which was an impressive 37% above what the analysts had forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Following the recent earnings report, the consensus from eleven analysts covering Marubeni is for revenues of JP¥7.88t in 2026. This implies a small 2.8% decline in revenue compared to the last 12 months. Before this earnings report, the analysts had been forecasting revenues of JP¥7.99t and earnings per share (EPS) of JP¥321 in 2026. So we can see that while the consensus made no real change to its revenue estimates, it also no longer provides an earnings per share estimate. This suggests that revenues are what the market is focusing on after the latest results.
See our latest analysis for Marubeni
We'd also point out that thatthe analysts have made no major changes to their price target of JP¥3,975. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Marubeni analyst has a price target of JP¥4,550 per share, while the most pessimistic values it at JP¥3,400. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Marubeni's past performance and to peers in the same industry. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 5.5% by the end of 2026. This indicates a significant reduction from annual growth of 2.0% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 4.3% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Marubeni is expected to lag the wider industry.
The Bottom Line
The most important thing to take away is that the analysts reconfirmed their revenue estimates for next year, suggesting that the business is performing in line with expectations. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Marubeni's revenue is expected to perform worse than the wider industry. The consensus price target held steady at JP¥3,975, with the latest estimates not enough to have an impact on their price targets.
We have estimates for Marubeni from its eleven analysts out to 2028, and you can see them free on our platform here.
Before you take the next step you should know about the 2 warning signs for Marubeni that we have uncovered.
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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.