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New Zealand King Salmon Investments Limited (NZSE:NZK) shareholders are probably feeling a little disappointed, since its shares fell 4.3% to NZ$0.22 in the week after its latest yearly results. It was an okay report, and revenues came in at NZ$211m, approximately in line with analyst estimates leading up to the results announcement. Following the result, the analyst has updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimate suggests is in store for next year.

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Taking into account the latest results, the current consensus, from the sole analyst covering New Zealand King Salmon Investments, is for revenues of NZ$195.2m in 2026. This implies a discernible 7.5% reduction in New Zealand King Salmon Investments' revenue over the past 12 months. Statutory earnings per share are forecast to dive 49% to NZ$0.013 in the same period. Before this earnings report, the analyst had been forecasting revenues of NZ$196.4m and earnings per share (EPS) of NZ$0.014 in 2026. The analyst seem to have become a little more negative on the business after the latest results, given the minor downgrade to their earnings per share numbers for next year.

View our latest analysis for New Zealand King Salmon Investments

It might be a surprise to learn that the consensus price target was broadly unchanged at NZ$0.29, with the analyst clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation.

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 would highlight that revenue is expected to reverse, with a forecast 7.5% annualised decline to the end of 2026. That is a notable change from historical growth of 5.3% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 6.6% annually for the foreseeable future. It's pretty clear that New Zealand King Salmon Investments' revenues are expected to perform substantially worse than the wider industry.