Pan Pacific International Holdings Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Pan Pacific International Holdings Corporation (TSE:7532) last week reported its latest third-quarter results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. Revenues were JP¥616b, approximately in line with expectations, although statutory earnings per share (EPS) performed substantially better. EPS of JP¥10.11 were also better than expected, beating analyst predictions by 13%. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Taking into account the latest results, the most recent consensus for Pan Pacific International Holdings from 15 analysts is for revenues of JP¥2.56t in 2027. If met, it would imply a credible 7.5% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to grow 13% to JP¥41.06. Before this earnings report, the analysts had been forecasting revenues of JP¥2.55t and earnings per share (EPS) of JP¥41.06 in 2027. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
Check out our latest analysis for Pan Pacific International Holdings
The analysts reconfirmed their price target of JP¥1,120, showing that the business is executing well and in line with expectations. 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 Pan Pacific International Holdings analyst has a price target of JP¥1,300 per share, while the most pessimistic values it at JP¥800. 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 Pan Pacific International Holdings' past performance and to peers in the same industry. We can infer from the latest estimates that forecasts expect a continuation of Pan Pacific International Holdings'historical trends, as the 5.9% annualised revenue growth to the end of 2027 is roughly in line with the 6.8% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 5.8% per year. It's clear that while Pan Pacific International Holdings' revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.
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 real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at JP¥1,120, 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 estimates - from multiple Pan Pacific International Holdings analysts - going out to 2028, and you can see them free on our platform here.
You can also view our analysis of Pan Pacific International Holdings' balance sheet, and whether we think Pan Pacific International Holdings is carrying too much debt, for free on our platform here.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.