Mynews Holdings Berhad Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next
Mynews Holdings Berhad (KLSE:MYNEWS) missed earnings with its latest yearly results, disappointing overly-optimistic forecasters. Mynews Holdings Berhad missed earnings this time around, with RM879m revenue coming in 3.2% below what the analysts had modelled. Statutory earnings per share (EPS) of RM0.024 also fell short of expectations by 10%. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Mynews Holdings Berhad after the latest results.
Taking into account the latest results, the current consensus from Mynews Holdings Berhad's four analysts is for revenues of RM1.03b in 2026. This would reflect a notable 17% increase on its revenue over the past 12 months. Per-share earnings are expected to jump 54% to RM0.036. Yet prior to the latest earnings, the analysts had been anticipated revenues of RM1.02b and earnings per share (EPS) of RM0.036 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.
View our latest analysis for Mynews Holdings Berhad
There were no changes to revenue or earnings estimates or the price target of RM0.82, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic Mynews Holdings Berhad analyst has a price target of RM1.00 per share, while the most pessimistic values it at RM0.70. 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.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Mynews Holdings Berhad's past performance and to peers in the same industry. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 17% growth on an annualised basis. That is in line with its 16% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 6.2% per year. So it's pretty clear that Mynews Holdings Berhad is forecast to grow substantially faster than its 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. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.
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 Mynews Holdings Berhad analysts - going out to 2028, and you can see them free on our platform here.
You can also see whether Mynews Holdings Berhad is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.
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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.