Last week saw the newest yearly earnings release from Wellcall Holdings Berhad (KLSE:WELLCAL), an important milestone in the company's journey to build a stronger business. It looks like the results were a bit of a negative overall. While revenues of RM209m were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 7.2% to hit RM0.094 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
View our latest analysis for Wellcall Holdings Berhad
Taking into account the latest results, the current consensus from Wellcall Holdings Berhad's three analysts is for revenues of RM222.1m in 2025. This would reflect an okay 6.1% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to expand 18% to RM0.11. Yet prior to the latest earnings, the analysts had been anticipated revenues of RM223.2m and earnings per share (EPS) of RM0.11 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.
There were no changes to revenue or earnings estimates or the price target of RM1.86, suggesting that the company has met expectations in its recent result. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on Wellcall Holdings Berhad, with the most bullish analyst valuing it at RM1.90 and the most bearish at RM1.82 per share. This is a very narrow spread of estimates, implying either that Wellcall Holdings Berhad is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. It's pretty clear that there is an expectation that Wellcall Holdings Berhad's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 6.1% growth on an annualised basis. This is compared to a historical growth rate of 9.3% over the past five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 15% annually. Factoring in the forecast slowdown in growth, it seems obvious that Wellcall Holdings Berhad is also expected to grow slower than other industry participants.