KOSE Holdings Corporation Just Missed Earnings - But Analysts Have Updated Their Models
KOSE Holdings Corporation (TSE:4922) shareholders are probably feeling a little disappointed, since its shares fell 6.6% to JP¥5,876 in the week after its latest third-quarter results. It looks like a pretty bad result, all things considered. Although revenues of JP¥85b were in line with analyst predictions, statutory earnings fell badly short, missing estimates by 59% to hit JP¥22.98 per share. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
Following the latest results, KOSE Holdings' 15 analysts are now forecasting revenues of JP¥355.4b in 2027. This would be a credible 4.8% improvement in revenue compared to the last 12 months. Per-share earnings are expected to increase 7.5% to JP¥241. In the lead-up to this report, the analysts had been modelling revenues of JP¥356.5b and earnings per share (EPS) of JP¥243 in 2027. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
Check out our latest analysis for KOSE Holdings
It will come as no surprise then, to learn that the consensus price target is largely unchanged at JP¥5,529. 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. There are some variant perceptions on KOSE Holdings, with the most bullish analyst valuing it at JP¥6,300 and the most bearish at JP¥4,500 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.
Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of KOSE Holdings'historical trends, as the 3.8% annualised revenue growth to the end of 2027 is roughly in line with the 3.6% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 4.0% annually. It's clear that while KOSE Holdings' revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.
The Bottom Line
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at JP¥5,529, with the latest estimates not enough to have an impact on their price targets.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for KOSE Holdings going out to 2028, and you can see them free on our platform here..
We don't want to rain on the parade too much, but we did also find 1 warning sign for KOSE Holdings that you need to be mindful of.
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