Anritsu Corporation Just Recorded A 14% EPS Beat: Here's What Analysts Are Forecasting Next

It's been a pretty great week for Anritsu Corporation (TSE:6754) shareholders, with its shares surging 19% to JP¥1,442 in the week since its latest annual results. Revenues were JP¥113b, approximately in line with expectations, although statutory earnings per share (EPS) performed substantially better. EPS of JP¥70.42 were also better than expected, beating analyst predictions by 14%. 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 gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Taking into account the latest results, the most recent consensus for Anritsu from six analysts is for revenues of JP¥120.5b in 2026. If met, it would imply an okay 6.6% increase on its revenue over the past 12 months. Statutory per share are forecast to be JP¥73.76, approximately in line with the last 12 months. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥121.8b and earnings per share (EPS) of JP¥72.56 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 Anritsu

It will come as no surprise then, to learn that the consensus price target is largely unchanged at JP¥1,237. 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 Anritsu analyst has a price target of JP¥1,695 per share, while the most pessimistic values it at JP¥920. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

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 Anritsu's growth to accelerate, with the forecast 6.6% annualised growth to the end of 2026 ranking favourably alongside historical growth of 1.1% per annum over the past five years. Other similar companies in the industry (with analyst coverage) are also forecast to grow their revenue at 6.4% per year. Anritsu is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.

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. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at JP¥1,237, 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 Anritsu analysts - going out to 2028, and you can see them free on our platform here.

Even so, be aware that Anritsu is showing 1 warning sign in our investment analysis , you should know about...

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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.