Stock Analysis
- Canada
- /
- Personal Products
- /
- TSX:JWEL
Jamieson Wellness Second Quarter 2024 Earnings: EPS Misses Expectations
Jamieson Wellness (TSE:JWEL) Second Quarter 2024 Results
Key Financial Results
- Revenue: CA$184.8m (up 10% from 2Q 2023).
- Net income: CA$8.65m (up 5.7% from 2Q 2023).
- Profit margin: 4.7% (down from 4.9% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CA$0.21 (up from CA$0.20 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jamieson Wellness EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 49%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Personal Products industry in North America.
Performance of the market in Canada.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Jamieson Wellness (1 is potentially serious!) that we have uncovered.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About TSX:JWEL
Jamieson Wellness
Develops, manufactures, distributes, markets, and sells of branded and customer branded health products for humans in Canada, the United States, China and internationally.