Stock Analysis
- China
- /
- Food and Staples Retail
- /
- SHSE:603883
LBX Pharmacy Chain Third Quarter 2024 Earnings: Misses Expectations
LBX Pharmacy Chain (SHSE:603883) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥5.29b (up 1.2% from 3Q 2023).
- Net income: CN¥127.4m (down 37% from 3Q 2023).
- Profit margin: 2.4% (down from 3.9% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.17 (down from CN¥0.26 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
LBX Pharmacy Chain Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 36%.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Consumer Retailing industry in China.
Performance of the Chinese Consumer Retailing industry.
The company's shares are down 3.9% from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with LBX Pharmacy Chain (including 1 which can't be ignored).
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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 SHSE:603883
LBX Pharmacy Chain
Operates pharmacy store chain in China.