It's been a good week for Zoomlion Heavy Industry Science and Technology Co., Ltd. (SZSE:000157) shareholders, because the company has just released its latest third-quarter results, and the shares gained 3.9% to CN¥7.13. Revenues were CN¥9.9b, approximately in line with whatthe analysts expected, although statutory earnings per share (EPS) crushed expectations, coming in at CN¥0.10, an impressive 67% ahead of estimates. The analysts 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 analysts have changed their mind on Zoomlion Heavy Industry Science and Technology after the latest results.

Taking into account the latest results, the consensus forecast from Zoomlion Heavy Industry Science and Technology's 13 analysts is for revenues of CN¥60.7b in 2025. This reflects a sizeable 32% improvement in revenue compared to the last 12 months. Per-share earnings are expected to soar 45% to CN¥0.63. Before this earnings report, the analysts had been forecasting revenues of CN¥60.7b and earnings per share (EPS) of CN¥0.63 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at CN¥8.42. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Zoomlion Heavy Industry Science and Technology analyst has a price target of CN¥10.50 per share, while the most pessimistic values it at CN¥6.00. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

Of course, another way to look at these forecasts is to place them into context against the industry itself. One thing stands out from these estimates, which is that Zoomlion Heavy Industry Science and Technology is forecast to grow faster in the future than it has in the past, with revenues expected to display 25% annualised growth until the end of 2025. If achieved, this would be a much better result than the 3.6% annual decline over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 17% per year. Not only are Zoomlion Heavy Industry Science and Technology's revenues expected to improve, it seems that the analysts are also expecting it to grow faster than the wider industry.

The Bottom Line

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. 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.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Zoomlion Heavy Industry Science and Technology going out to 2026, and you can see them free on our platform here..

However, before you get too enthused, we've discovered 3 warning signs for Zoomlion Heavy Industry Science and Technology 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.