Coca-Cola Bottlers Japan Holdings Inc. Just Recorded A 60% EPS Beat: Here's What Analysts Are Forecasting Next
It's been a mediocre week for Coca-Cola Bottlers Japan Holdings Inc. (TSE:2579) shareholders, with the stock dropping 10% to JP¥3,828 in the week since its latest half-yearly results. Revenues were JP¥423b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at JP¥34.72, an impressive 60% ahead of estimates. 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 Coca-Cola Bottlers Japan Holdings after the latest results.
Taking into account the latest results, Coca-Cola Bottlers Japan Holdings' ten analysts currently expect revenues in 2026 to be JP¥913.8b, approximately in line with the last 12 months. Statutory earnings per share are predicted to grow 19% to JP¥145. Before this earnings report, the analysts had been forecasting revenues of JP¥916.7b and earnings per share (EPS) of JP¥144 in 2026. 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.
See our latest analysis for Coca-Cola Bottlers Japan Holdings
The analysts reconfirmed their price target of JP¥4,165, showing that the business is executing well and in line with expectations. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Coca-Cola Bottlers Japan Holdings at JP¥5,150 per share, while the most bearish prices it at JP¥2,800. 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.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of Coca-Cola Bottlers Japan Holdings'historical trends, as the 3.3% annualised revenue growth to the end of 2026 is roughly in line with the 3.4% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 2.5% annually. So although Coca-Cola Bottlers Japan Holdings is expected to maintain its revenue growth rate, it's definitely expected to grow faster 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. Happily, there were no major changes to revenue forecasts, with the business still 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 forecasts for Coca-Cola Bottlers Japan Holdings going out to 2028, and you can see them free on our platform here.
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Coca-Cola Bottlers Japan Holdings that 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.