TSE:2730Specialty Retail
EDION (TSE:2730) Stock Jumps On Profit Surge But Margin Questions Linger
EDION stock went into this earnings print with a strong three month run and a solid 30 day gain, yet today the price sits at ¥2,510 as investors reassess what they just heard. The market is trying to square that recent optimism with a Q1 headline that is all about profit power. Basic earnings per share for the quarter came in at ¥71.62 and trailing twelve month earnings per share landed at ¥187.54, set against a P/E of 13.4x that sits below both industry and peer averages.
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