TSE:4661Hospitality
Oriental Land (TSE:4661) Margins Outpace Expectations, But Slower Growth Tempers Bullish Sentiment
Oriental Land (TSE:4661) delivered a net profit margin of 18.2%, edging higher than last year’s 17.6%. Earnings over the past five years have climbed at a compounded rate of 53.3% per year, though the latest year-on-year growth slowed to 14.2%, trailing the longer-term average. Looking ahead, rewards for investors seem concentrated on continued gains, with forward earnings growth forecast at 6.3% per year and revenue expected to rise by 5.9%. This rate would outpace projected Japanese market...