Jerash Holdings (US), Inc. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts

As you might know, Jerash Holdings (US), Inc. (NASDAQ:JRSH) recently reported its annual numbers. Revenues came in at US$117m, in line with estimates, while Jerash Holdings (US) reported a statutory loss of US$0.16 per share, well short of prior analyst forecasts for a profit. 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.

Check out our latest analysis for Jerash Holdings (US)

After the latest results, the dual analysts covering Jerash Holdings (US) are now predicting revenues of US$135.8m in 2025. If met, this would reflect a decent 16% improvement in revenue compared to the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of US$127.2m and earnings per share (EPS) of US$0.18 in 2025. While next year's revenue estimates increased, there was also a EPS expectations, suggesting the consensus has a bit of a mixed view of these results.

The average price target fell 10.0% to US$4.50, withthe analysts clearly having become less optimistic about Jerash Holdings (US)'sprospects following its latest earnings.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Jerash Holdings (US)'s past performance and to peers in the same industry. It's clear from the latest estimates that Jerash Holdings (US)'s rate of growth is expected to accelerate meaningfully, with the forecast 16% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 11% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 6.2% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Jerash Holdings (US) is expected to grow much faster than its industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Jerash Holdings (US). Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster 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 Jerash Holdings (US)'s future valuation.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.

And what about risks? Every company has them, and we've spotted 2 warning signs for Jerash Holdings (US) (of which 1 can't be ignored!) 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com