Tsuruha Holdings Inc. (TSE:3391) Interim Results Just Came Out: Here's What Analysts Are Forecasting For This Year

It's been a good week for Tsuruha Holdings Inc. (TSE:3391) shareholders, because the company has just released its latest interim results, and the shares gained 3.0% to JP¥2,124. Results were roughly in line with estimates, with revenues of JP¥1.3t and statutory earnings per share of JP¥37.00. 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.

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Taking into account the latest results, the most recent consensus for Tsuruha Holdings from nine analysts is for revenues of JP¥2.54t in 2027. If met, it would imply a solid 17% increase on its revenue over the past 12 months. Statutory earnings per share are forecast to reduce 8.8% to JP¥106 in the same period. In the lead-up to this report, the analysts had been modelling revenues of JP¥2.55t and earnings per share (EPS) of JP¥105 in 2027. 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.

View our latest analysis for Tsuruha Holdings

The analysts reconfirmed their price target of JP¥2,613, 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. The most optimistic Tsuruha Holdings analyst has a price target of JP¥3,050 per share, while the most pessimistic values it at JP¥2,150. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's clear from the latest estimates that Tsuruha Holdings' rate of growth is expected to accelerate meaningfully, with the forecast 37% annualised revenue growth to the end of 2027 noticeably faster than its historical growth of 16% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 3.5% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Tsuruha Holdings 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¥2,613, 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 Tsuruha Holdings. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Tsuruha Holdings going out to 2029, and you can see them free on our platform here..

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Tsuruha Holdings (1 is concerning) 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.