Earnings Miss: Aier Eye Hospital Group Co., Ltd. Missed EPS By 9.1% And Analysts Are Revising Their Forecasts
Earnings Miss: Aier Eye Hospital Group Co., Ltd. Missed EPS By 9.1% And Analysts Are Revising Their Forecasts
As you might know, Aier Eye Hospital Group Co., Ltd. (SZSE:300015) last week released its latest quarterly, and things did not turn out so great for shareholders. Results look to have been somewhat negative - revenue fell 7.5% short of analyst estimates at CN¥5.8b, and statutory earnings of CN¥0.15 per share missed forecasts by 9.1%. 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've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
正如你所知,愛爾眼科醫院集團股份有限公司(SZSE:300015)上週公佈了最新的季度業績,對股東來說並不理想。結果似乎有些負面 - 營業收入未達預期,下降了7.5%,僅爲人民幣58億;每股收益爲人民幣0.15,低於預測9.1%。收益是投資者關注的重要時刻,他們可以追蹤公司的表現,查看分析師對明年的預測,並了解市場對公司的情緒是否發生變化。我們已經收集了最新的預測數據,看看分析師是否在這些結果後調整了他們的盈利模型。
Taking into account the latest results, the most recent consensus for Aier Eye Hospital Group from 21 analysts is for revenues of CN¥25.2b in 2025. If met, it would imply a sizeable 22% increase on its revenue over the past 12 months. Per-share earnings are expected to bounce 24% to CN¥0.49. Before this earnings report, the analysts had been forecasting revenues of CN¥25.4b and earnings per share (EPS) of CN¥0.49 in 2025. 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.
考慮到最新的業績,21位分析師對於愛爾眼科醫院集團在2025年的營業收入預測一致爲人民幣252億。如果達到目標,將意味着過去12個月內營業收入大幅增長了22%。預計每股收益將增長24%,達到人民幣0.49。在此業績公佈前,分析師此前預測2025年的營業收入爲人民幣254億,每股收益(EPS)爲人民幣0.49。一致分析師似乎沒有看到這些結果中有任何能改變他們對該公司看法的地方,因爲他們的預測沒有發生重大變化。
The analysts reconfirmed their price target of CN¥13.96, 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. There are some variant perceptions on Aier Eye Hospital Group, with the most bullish analyst valuing it at CN¥20.64 and the most bearish at CN¥7.00 per share. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.
分析師再次確認了人民幣13.96的目標價,顯示公司運營良好,符合預期。然而過度專注於單一目標價可能不明智,因爲共識目標實質上是分析師目標價的平均值。因此,一些投資者喜歡查看估值範圍,以查看關於公司價值的不同看法。對於愛爾眼科醫院集團,有一些不同看法,最看好的分析師將其價值定爲人民幣20.64,而最看淡的爲每股人民幣7.00。這是一個相當廣泛的估值範圍,表明分析師正在預測該業務可能發生多種可能的結果。
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Aier Eye Hospital Group's past performance and to peers in the same industry. The period to the end of 2025 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 12% per year. So although Aier Eye Hospital Group is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.
這些預測很有趣,但在比較預測時,將預測結果與愛爾眼科過去的表現以及同行業的同行進行更寬泛的比較可能會更有用。截至2025年底的這段時期,根據分析師的預測,營業收入預計將以年均17%的增長率增長。這與過去五年的年均16%增長率一致。相比之下,我們的數據顯示,同行業其他公司(受到分析師覆蓋)的預期年均收入增長率爲12%。因此,儘管預計愛爾眼科集團將維持其營業收入增長率,但肯定預計將比整個行業增長更快。
The Bottom Line
最重要的事情是分析師增加了它對下一年每股虧損的估計。令人欣慰的是,營收預測未發生重大變化,業務仍有望比整個行業增長更快。共識價格目標穩定在28.50美元,最新估計不足以對價格目標產生影響。
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. The consensus price target held steady at CN¥13.96, with the latest estimates not enough to have an impact on their price targets.
最明顯的結論是,最近業務前景沒有發生重大變化,分析師維持其盈利預測不變,與之前的估計一致。令人高興的是,營業收入預測沒有發生重大變化,業務仍預計將比整個行業增長更快。共識價格目標保持在13.96人民幣,最新的估計不足以影響它們的價格目標。
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Aier Eye Hospital Group analysts - going out to 2026, and you can see them free on our platform here.
繼續這種思路,我們認爲企業的長期前景比明年的盈利更爲重要。我們有來自多位愛爾眼科分析師的預測,截至2026年,您可以在我們的平台免費查看。
And what about risks? Every company has them, and we've spotted 2 warning signs for Aier Eye Hospital Group (of which 1 shouldn't be ignored!) you should know about.
那風險呢?每家公司都會面臨風險,我們發現了愛爾眼科集團的2個警示跡象(其中1個不容忽視!)您應該了解。
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