Zhejiang JIULI Hi-tech Metals Co.,Ltd Just Beat EPS By 5.6%: Here's What Analysts Think Will Happen Next

Zhejiang JIULI Hi-tech Metals Co.,Ltd (SZSE:002318) investors will be delighted, with the company turning in some strong numbers with its latest results. The company beat expectations with revenues of CN¥11b arriving 2.5% ahead of forecasts. Statutory earnings per share (EPS) were CN¥1.55, 5.6% ahead of estimates. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Taking into account the latest results, the most recent consensus for Zhejiang JIULI Hi-tech MetalsLtd from five analysts is for revenues of CN¥12.1b in 2025. If met, it would imply a solid 11% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to step up 12% to CN¥1.76. Before this earnings report, the analysts had been forecasting revenues of CN¥12.3b and earnings per share (EPS) of CN¥1.71 in 2025. So the consensus seems to have become somewhat more optimistic on Zhejiang JIULI Hi-tech MetalsLtd's earnings potential following these results.

View our latest analysis for Zhejiang JIULI Hi-tech MetalsLtd

The consensus price target was unchanged at CN¥27.44, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders.

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. We would highlight that Zhejiang JIULI Hi-tech MetalsLtd's revenue growth is expected to slow, with the forecast 11% annualised growth rate until the end of 2025 being well below the historical 18% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 10% annually. So it's pretty clear that, while Zhejiang JIULI Hi-tech MetalsLtd's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Zhejiang JIULI Hi-tech MetalsLtd following these results. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as 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 estimates - from multiple Zhejiang JIULI Hi-tech MetalsLtd analysts - going out to 2027, and you can see them free on our platform here.

Plus, you should also learn about the 2 warning signs we've spotted with Zhejiang JIULI Hi-tech MetalsLtd (including 1 which doesn't sit too well with us) .

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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.