HASEKO Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

HASEKO Corporation (TSE:1808) just released its half-yearly report and things are looking bullish. HASEKO beat earnings, with revenues hitting JP¥595b, ahead of expectations, and statutory earnings per share outperforming analyst reckonings by a solid 20%. 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 thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

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Taking into account the latest results, the current consensus from HASEKO's nine analysts is for revenues of JP¥1.25t in 2026. This would reflect an okay 3.1% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to jump 49% to JP¥221. In the lead-up to this report, the analysts had been modelling revenues of JP¥1.25t and earnings per share (EPS) of JP¥222 in 2026. 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 HASEKO

There were no changes to revenue or earnings estimates or the price target of JP¥2,679, suggesting that the company has met expectations in its recent result. 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. The most optimistic HASEKO analyst has a price target of JP¥3,200 per share, while the most pessimistic values it at JP¥2,100. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await HASEKO 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. It's pretty clear that there is an expectation that HASEKO's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 6.2% growth on an annualised basis. This is compared to a historical growth rate of 8.9% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 1.4% annually. So it's pretty clear that, while HASEKO's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

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. 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 in mind, we wouldn't be too quick to come to a conclusion on HASEKO. Long-term earnings power is much more important than next year's profits. We have forecasts for HASEKO going out to 2028, and you can see them free on our platform here.

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