BaTeLab Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

BaTeLab Co., Ltd. (HKG:2149) missed earnings with its latest yearly results, disappointing overly-optimistic forecasts. Unfortunately, BaTeLab delivered a serious earnings miss. Revenues of CN¥584m were 13% below expectations, and statutory earnings per share of CN¥2.00 missed estimates by 36%. The analyst 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 analyst has changed their mind on BaTeLab after the latest results.

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After the latest results, the sole analyst covering BaTeLab are now predicting revenues of CN¥700.0m in 2026. If met, this would reflect a solid 20% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 52% to CN¥2.95. Yet prior to the latest earnings, the analyst had been anticipated revenues of CN¥841.0m and earnings per share (EPS) of CN¥3.90 in 2026. Indeed, we can see that the analyst is a lot more bearish about BaTeLab's prospects following the latest results, administering a substantial drop in revenue estimates and slashing their EPS estimates to boot.

Check out our latest analysis for BaTeLab

It'll come as no surprise then, to learn that the analyst has cut their price target 39% to HK$57.00.

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. We can infer from the latest estimates that forecasts expect a continuation of BaTeLab'shistorical trends, as the 20% annualised revenue growth to the end of 2026 is roughly in line with the 23% 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 15% per year. So it's pretty clear that BaTeLab is forecast to grow substantially faster than its industry.

The Bottom Line

The biggest concern is that the analyst reduced their earnings per share estimates, suggesting business headwinds could lay ahead for BaTeLab. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. Furthermore, the analyst also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2028, which can be seen for free on our platform here.

Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.

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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.