Earnings Miss: FUJIFILM Holdings Corporation Missed EPS By 7.2% And Analysts Are Revising Their Forecasts

FUJIFILM Holdings Corporation (TSE:4901) missed earnings with its latest half-year results, disappointing overly-optimistic forecasters. FUJIFILM Holdings missed analyst forecasts, with revenues of JP¥1.5t and statutory earnings per share (EPS) of JP¥91.61, falling short by 2.4% and 7.2% respectively. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

See our latest analysis for FUJIFILM Holdings

After the latest results, the 14 analysts covering FUJIFILM Holdings are now predicting revenues of JP¥3.16t in 2025. If met, this would reflect a credible 2.4% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to accumulate 4.3% to JP¥208. In the lead-up to this report, the analysts had been modelling revenues of JP¥3.15t and earnings per share (EPS) of JP¥210 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

The analysts reconfirmed their price target of JP¥4,272, showing that the business is executing well and in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on FUJIFILM Holdings, with the most bullish analyst valuing it at JP¥5,000 and the most bearish at JP¥3,433 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.

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 FUJIFILM Holdings' revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 4.8% growth on an annualised basis. This is compared to a historical growth rate of 7.2% 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 2.6% annually. Even after the forecast slowdown in growth, it seems obvious that FUJIFILM Holdings is also expected to grow faster than 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 major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at JP¥4,272, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on FUJIFILM Holdings. Long-term earnings power is much more important than next year's profits. We have forecasts for FUJIFILM Holdings going out to 2027, and you can see them free on our platform here.

It might also be worth considering whether FUJIFILM Holdings' debt load is appropriate, using our debt analysis tools on the Simply Wall St platform, 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.