Jamieson Wellness Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line

Jamieson Wellness (TSE:JWEL) Third Quarter 2024 Results

Key Financial Results

• Revenue: CA$176.2m (up 16% from 3Q 2023).
• Net income: CA$10.6m (up 28% from 3Q 2023).
• Profit margin: 6.0% (up from 5.4% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: CA$0.25 (up from CA$0.20 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Jamieson Wellness Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Personal Products industry in North America.

Performance of the market in Canada.

The company's shares are up 8.2% from a week ago.

Risk Analysis

Be aware that Jamieson Wellness is showing 1 warning sign in our investment analysis that you should know about...

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