Hongkong Land Holdings Limited (SGX:H78) Annual Results: Here's What Analysts Are Forecasting For This Year

Hongkong Land Holdings Limited (SGX:H78) shareholders are probably feeling a little disappointed, since its shares fell 2.7% to US$4.38 in the week after its latest annual results. The results were positive, with revenue coming in at US$2.0b, beating analyst expectations by 4.7%. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Hongkong Land Holdings after the latest results.

See our latest analysis for Hongkong Land Holdings

Taking into account the latest results, the twelve analysts covering Hongkong Land Holdings provided consensus estimates of US$1.89b revenue in 2025, which would reflect a small 5.7% decline over the past 12 months. Hongkong Land Holdings is also expected to turn profitable, with statutory earnings of US$0.30 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$1.88b and earnings per share (EPS) of US$0.31 in 2025. 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.

The analysts reconfirmed their price target of US$4.94, showing that the business is executing well and in line with expectations. 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 Hongkong Land Holdings analyst has a price target of US$6.00 per share, while the most pessimistic values it at US$3.75. 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.

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. One more thing stood out to us about these estimates, and it's the idea that Hongkong Land Holdings' decline is expected to accelerate, with revenues forecast to fall at an annualised rate of 5.7% to the end of 2025. This tops off a historical decline of 2.9% a year over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue shrink 0.2% per year. While this is interesting, Hongkong Land Holdings', revenues are still expected to shrink next year, and at a faster rate than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. They also made no changes to their revenue estimates, implying the business is not expected to experience any major impacts to the current trajectory in the near term, even though it is expected to trail the wider industry. The consensus price target held steady at US$4.94, 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 forecasts for Hongkong Land Holdings going out to 2027, and you can see them free on our platform here.

It is also worth noting that we have found 1 warning sign for Hongkong Land Holdings that you need to take into consideration.

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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.