Sysmex Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Shareholders might have noticed that Sysmex Corporation (TSE:6869) filed its full-year result this time last week. The early response was not positive, with shares down 7.3% to JP¥2,464 in the past week. Revenues of JP¥509b were in line with forecasts, although statutory earnings per share (EPS) came in below expectations at JP¥86.07, missing estimates by 7.3%. 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. 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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After the latest results, the 16 analysts covering Sysmex are now predicting revenues of JP¥544.0b in 2026. If met, this would reflect a reasonable 6.9% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to climb 19% to JP¥103. In the lead-up to this report, the analysts had been modelling revenues of JP¥546.8b and earnings per share (EPS) of JP¥104 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 Sysmex

There were no changes to revenue or earnings estimates or the price target of JP¥3,298, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Sysmex, with the most bullish analyst valuing it at JP¥3,900 and the most bearish at JP¥2,650 per share. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's pretty clear that there is an expectation that Sysmex's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 6.9% growth on an annualised basis. This is compared to a historical growth rate of 12% over the past five years. Compare this to the 38 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 5.7% per year. Factoring in the forecast slowdown in growth, it looks like Sysmex is forecast to grow at about the same rate as the wider industry.

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. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall 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 Sysmex. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Sysmex analysts - going out to 2028, and you can see them free on our platform here.

We also provide an overview of the Sysmex Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.

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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.