SKY Perfect JSAT Corporation Just Beat EPS By 22%: Here's What Analysts Think Will Happen Next
SKY Perfect JSAT Corporation (TSE:9412) defied analyst predictions to release its first-quarter results, which were ahead of market expectations. It was overall a positive result, with revenues beating expectations by 2.2% to hit JP¥33b. SKY Perfect JSAT also reported a statutory profit of JP¥29.02, which was an impressive 22% above what the analysts had forecast. 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
Taking into account the latest results, the most recent consensus for SKY Perfect JSAT from eight analysts is for revenues of JP¥136.8b in 2027. If met, it would imply a credible 4.3% increase on its revenue over the past 12 months. Per-share earnings are expected to increase 6.9% to JP¥98.23. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥136.7b and earnings per share (EPS) of JP¥96.60 in 2027. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
See our latest analysis for SKY Perfect JSAT
There were no changes to revenue or earnings estimates or the price target of JP¥4,127, suggesting that the company has met expectations in its recent result. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values SKY Perfect JSAT at JP¥5,000 per share, while the most bearish prices it at JP¥2,900. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's clear from the latest estimates that SKY Perfect JSAT's rate of growth is expected to accelerate meaningfully, with the forecast 5.8% annualised revenue growth to the end of 2027 noticeably faster than its historical growth of 0.3% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 4.2% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect SKY Perfect JSAT to grow faster than the wider industry.
The Bottom Line
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at JP¥4,127, with the latest estimates not enough to have an impact on their price targets.
With that in mind, we wouldn't be too quick to come to a conclusion on SKY Perfect JSAT. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple SKY Perfect JSAT analysts - going out to 2029, and you can see them free on our platform here.
However, before you get too enthused, we've discovered 2 warning signs for SKY Perfect JSAT (1 is potentially serious!) that you should be aware of.
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.