Results: Prolintas Infra Business Trust Beat Earnings Expectations And Analysts Now Have New Forecasts

As you might know, Prolintas Infra Business Trust (KLSE:PLINTAS) just kicked off its latest full-year results with some very strong numbers. The company beat forecasts, with revenue of RM322m, some 2.2% above estimates, and statutory earnings per share (EPS) coming in at RM0.024, 142% ahead of expectations. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Check out our latest analysis for Prolintas Infra Business Trust

Following last week's earnings report, Prolintas Infra Business Trust's twin analysts are forecasting 2025 revenues to be RM323.3m, approximately in line with the last 12 months. Per-share earnings are expected to rise 7.7% to RM0.026. Yet prior to the latest earnings, the analysts had been anticipated revenues of RM320.8m and earnings per share (EPS) of RM0.019 in 2025. Although the revenue estimates have not really changed, we can see there's been a very substantial lift in earnings per share expectations, suggesting that the analysts have become more bullish after the latest result.

The consensus price target fell 5.2% to RM1.09, suggesting the increase in earnings forecasts was not enough to offset other the analysts concerns.

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 also worth noting that the years of declining revenue look to have come to an end, with the forecast stauing flat to the end of 2025. Historically, Prolintas Infra Business Trust's top line has shrunk approximately 16% annually over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 6.6% per year. So it's pretty clear that, although revenues are improving, Prolintas Infra Business Trust is still expected to grow slower than the industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Prolintas Infra Business Trust following these results. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Prolintas Infra Business Trust's future valuation.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have analyst estimates for Prolintas Infra Business Trust going out as far as 2027, and you can see them free on our platform here.

However, before you get too enthused, we've discovered 2 warning signs for Prolintas Infra Business Trust 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.