Songcheng Performance Development Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Songcheng Performance Development Co.,Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Songcheng Performance Development Co.,Ltd (SZSE:300144) missed earnings with its latest second-quarter results, disappointing overly-optimistic forecasters. Earnings fell badly short of analyst estimates, with CN¥618m revenues missing by 11%, and statutory earnings per share (EPS) of CN¥0.11 falling short of forecasts by some -15%. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Songcheng Performance DevelopmentLtd after the latest results.
宋城演出發展有限公司, Ltd(深圳證券交易所股票代碼:300144)公佈了最新的第二季度業績,令過於樂觀的預測者失望。收益嚴重低於分析師的預期,61800萬元人民幣的收入下降了11%,0.11元人民幣的法定每股收益(EPS)比預期低約-15%。對於投資者來說,盈利是一個重要時刻,因爲他們可以追蹤公司的業績,查看分析師對明年的預測,看看對公司的情緒是否發生了變化。讀者會很高興得知我們已經彙總了最新的法定預測,以了解分析師在最新業績公佈後是否改變了對松城績效發展有限公司的看法。
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After the latest results, the 13 analysts covering Songcheng Performance DevelopmentLtd are now predicting revenues of CN¥2.62b in 2024. If met, this would reflect a decent 11% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 745% to CN¥0.44. Yet prior to the latest earnings, the analysts had been anticipated revenues of CN¥2.71b and earnings per share (EPS) of CN¥0.47 in 2024. It's pretty clear that pessimism has reared its head after the latest results, leading to a weaker revenue outlook and a minor downgrade to earnings per share estimates.
根據最新業績,報道宋城演藝發展有限公司的13位分析師現在預測2024年的收入爲26.2元人民幣。如果得到滿足,這將反映出與過去12個月相比收入增長了11%的可觀增長。預計每股法定收益將激增745%,至0.44元人民幣。然而,在最新業績公佈之前,分析師曾預計2024年的收入爲27.1元人民幣,每股收益(EPS)爲0.47元人民幣。很明顯,在最新業績公佈後,悲觀情緒已經抬頭,導致收入前景疲軟,每股收益預期略有下調。
The analysts made no major changes to their price target of CN¥12.61, suggesting the downgrades are not expected to have a long-term impact on Songcheng Performance DevelopmentLtd's valuation. 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 Songcheng Performance DevelopmentLtd analyst has a price target of CN¥17.07 per share, while the most pessimistic values it at CN¥10.50. 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.
分析師沒有對12.61元人民幣的目標股價做出重大調整,這表明下調評級預計不會對松城績效發展有限公司的估值產生長期影響。共識目標股價只是個別分析師目標的平均值,因此——可以很方便地看到基礎估計值的範圍有多廣。最樂觀的松城業績發展有限公司分析師將目標股價定爲每股17.07元人民幣,而最悲觀的分析師則認爲目標股價爲10.50元人民幣。這些目標股價表明,分析師對該業務的看法確實有所不同,但這些估計的差異不足以向我們表明,有些人押注取得巨大成功或徹底失敗。
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. One thing stands out from these estimates, which is that Songcheng Performance DevelopmentLtd is forecast to grow faster in the future than it has in the past, with revenues expected to display 23% annualised growth until the end of 2024. If achieved, this would be a much better result than the 11% annual decline over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 15% annually. So it looks like Songcheng Performance DevelopmentLtd is expected to grow faster than its competitors, at least for a while.
我們可以從大局的角度看待這些估計值的另一種方式,例如預測如何與過去的表現相提並論,以及預測相對於業內其他公司是否或多或少看漲。從這些估計中可以看出一件事,那就是預計宋城績效發展有限公司未來的增長速度將比過去更快,預計到2024年底,收入將實現23%的年化增長。如果實現,這將比過去五年中每年下降11%的結果要好得多。相比之下,分析師對整個行業的估計表明,(總計)行業收入預計每年將增長15%。因此,看來宋城演藝發展有限公司的增長速度將超過其競爭對手,至少在一段時間內是如此。
The Bottom Line
底線
The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Songcheng Performance DevelopmentLtd. They also downgraded Songcheng Performance DevelopmentLtd's revenue estimates, but industry data suggests that it 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.
最大的擔憂是,分析師下調了每股收益預期,這表明松城績效發展有限公司可能會面臨業務不利因素。他們還下調了松城演出發展有限公司的收入預期,但行業數據表明,預計該公司的增長速度將快於整個行業。共識目標股價沒有實際變化,這表明根據最新估計,該業務的內在價值沒有發生任何重大變化。
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for Songcheng Performance DevelopmentLtd going out to 2026, and you can see them free on our platform here.
考慮到這一點,我們仍然認爲該業務的長期發展軌跡對於投資者來說更爲重要。我們對宋城演藝發展有限公司的預測將持續到2026年,你可以在我們的平台上免費查看。
It is also worth noting that we have found 3 warning signs for Songcheng Performance DevelopmentLtd that you need to take into consideration.
還值得注意的是,我們已經找到了宋城演藝發展有限公司的3個警告信號,你需要考慮這些信號。
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Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。