Shareholders may have noticed Data Communication Management Co., Ltd. (TSE:DCM) filed its annual results this time last week. Initial reaction was not positive, with the stock falling 5.2% to C$3.26 in the past week. Sales were in line with expectations at C$448 million, but statutory losses rose to C$0.31 per share. This is an important time for investors, as they can track a company's performance in the report, see what experts predict for next year, and see if there have been any changes to expectations for the business. We've collected the latest statutory forecasts to see if the analysts have changed their earnings model following these results.
Check out our latest analysis for Data Communications Management.
Following the latest results, 2 analysts at DATA Communications Management are now predicting revenue of CA$552.6m in 2024. This represents a significant 23% improvement in revenue compared to the previous 12 months. DATA Communications Management is also expected to be profitable, with statutory profit of C$0.34 per share. Prior to this earnings report, analysts had expected 2024 sales of C$553 million and earnings per share (EPS) of C$0.38. It seems that it has become even more bearish. There was no change to the revenue forecast, but the EPS estimate was lowered substantially.
You might be surprised to learn that the consensus price target is largely unchanged at CA$6.70, with analysts clearly suggesting that the expected decline in earnings won't have a material impact on valuation.
You can also look at the bigger picture, including how these forecasts compare to past performance and whether forecasts are more or less bullish compared to other companies in its industry. Analysts certainly expect DATA Communications Management's growth to accelerate, with its expected annualized growth of 23% to the end of 2024, which is on par with its historic growth of 3.1% annually over the past five years. Masu. Compare this to other companies in its industry, whose revenues are forecast to grow 3.1% per year. It's clear that analysts expect DATA Communications Management to grow faster than the broader industry, while its growth outlook is brighter than it has been recently.
conclusion
The biggest concern is that analysts have cut their earnings per share estimates, suggesting that Data Communications Management could face business headwinds. Fortunately, they also reaffirmed their revenue numbers, suggesting they're performing in line with expectations. Furthermore, our data suggests that revenue is expected to grow faster than the industry as a whole. The consensus price target is stable at CA$6.70, and the latest forecast is not significant enough to impact the price target.
With that in mind, no immediate conclusions can be drawn about data communications management. Long-term profitability is far more important than next year's profits. At least she has one analyst providing her forecasts to 2026, which you can see for free on the platform here.
However, you should always think about the risks.Good example we found 1 Warning signs regarding data communication management you should know.
Have feedback on this article? Curious about its content? contact Please contact us directly. Alternatively, email our 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 using only unbiased methodologies, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.