Analysts Are Updating Their Yokogawa Bridge Holdings Corp. (TSE:5911) Estimates After Its Third-Quarter Results

Yokogawa Bridge Holdings Corp. (TSE:5911) came out with its quarterly results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. Results look mixed - while revenue fell marginally short of analyst estimates at JP¥42b, statutory earnings were in line with expectations, at JP¥291 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

View our latest analysis for Yokogawa Bridge Holdings

Taking into account the latest results, the consensus forecast from Yokogawa Bridge Holdings' dual analysts is for revenues of JP¥169.8b in 2026. This reflects a decent 10% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to bounce 41% to JP¥305. Before this earnings report, the analysts had been forecasting revenues of JP¥176.6b and earnings per share (EPS) of JP¥331 in 2026. It's pretty clear that pessimism has reared its head after the latest results, leading to a weaker revenue outlook and a small dip in earnings per share estimates.

Despite the cuts to forecast earnings, there was no real change to the JP¥3,145 price target, showing that the analysts don't think the changes have a meaningful impact on its intrinsic value.

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. The analysts are definitely expecting Yokogawa Bridge Holdings' growth to accelerate, with the forecast 8.0% annualised growth to the end of 2026 ranking favourably alongside historical growth of 4.6% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 1.7% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Yokogawa Bridge Holdings to grow faster than the wider industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Yokogawa Bridge Holdings. They also downgraded Yokogawa Bridge Holdings' revenue estimates, but industry data suggests that it is expected to grow faster than the wider industry. The consensus price target held steady at JP¥3,145, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Yokogawa Bridge Holdings that 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.