Results: National Atomic Company Kazatomprom JSC Beat Earnings Expectations And Analysts Now Have New Forecasts

The interim results for National Atomic Company Kazatomprom JSC (LON:KAP) were released last week, making it a good time to revisit its performance. It looks to have been a decent result overall - while revenue fell marginally short of analyst estimates at ₸660b, statutory earnings beat expectations by a notable 25%, coming in at ₸779 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Taking into account the latest results, the current consensus from National Atomic Company Kazatomprom JSC's six analysts is for revenues of ₸1.92t in 2025. This would reflect a solid 8.4% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to accumulate 9.5% to ₸2,503. Before this earnings report, the analysts had been forecasting revenues of ₸1.92t and earnings per share (EPS) of ₸2,175 in 2025. There was no real change to the revenue estimates, but the analysts do seem more bullish on earnings, given the nice increase in earnings per share expectations following these results.

Check out our latest analysis for National Atomic Company Kazatomprom JSC

There's been no major changes to the consensus price target of US$53.36, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. 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 National Atomic Company Kazatomprom JSC at US$61.59 per share, while the most bearish prices it at US$49.33. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

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. It's pretty clear that there is an expectation that National Atomic Company Kazatomprom JSC's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 18% growth on an annualised basis. This is compared to a historical growth rate of 26% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 14% per year. So it's pretty clear that, while National Atomic Company Kazatomprom JSC's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around National Atomic Company Kazatomprom JSC's earnings potential next year. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at US$53.36, 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. We have estimates - from multiple National Atomic Company Kazatomprom JSC analysts - going out to 2027, and you can see them free on our platform here.

You still need to take note of risks, for example - National Atomic Company Kazatomprom JSC has 1 warning sign we think you should be aware of.

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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.