As you might know, Fuyao Glass Industry Group Co., Ltd. (SHSE:600660) recently reported its quarterly numbers. Fuyao Glass Industry Group missed revenue estimates by 4.5%, coming in atCN¥10.0b, although statutory earnings per share (EPS) of CN¥0.76 beat expectations, coming in 3.1% ahead of analyst estimates. 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. 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 Fuyao Glass Industry Group from 23 analysts is for revenues of CN¥46.2b in 2025. If met, it would imply a huge 23% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to shoot up 24% to CN¥3.33. In the lead-up to this report, the analysts had been modelling revenues of CN¥46.3b and earnings per share (EPS) of CN¥3.20 in 2025. So the consensus seems to have become somewhat more optimistic on Fuyao Glass Industry Group's earnings potential following these results.

The consensus price target rose 7.9% to CN¥63.25, suggesting that higher earnings estimates flow through to the stock's valuation as well. 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. There are some variant perceptions on Fuyao Glass Industry Group, with the most bullish analyst valuing it at CN¥72.00 and the most bearish at CN¥44.00 per share. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

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. It's clear from the latest estimates that Fuyao Glass Industry Group's rate of growth is expected to accelerate meaningfully, with the forecast 18% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 14% p.a. over the past five years. Other similar companies in the industry (with analyst coverage) are also forecast to grow their revenue at 18% per year. Fuyao Glass Industry Group is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Fuyao Glass Industry Group's earnings potential next year. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

With that in mind, we wouldn't be too quick to come to a conclusion on Fuyao Glass Industry Group. 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 Fuyao Glass Industry Group going out to 2026, 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 Fuyao Glass Industry Group 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.