Yamaha Motor (TSE:7272) Third Quarter 2024 Results
Key Financial Results
- Revenue: JP¥628.4b (up 3.2% from 3Q 2023).
- Net income: JP¥23.0b (down 48% from 3Q 2023).
- Profit margin: 3.7% (down from 7.2% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: JP¥23.50 (down from JP¥44.24 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Yamaha Motor Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 37%.
Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Auto industry in Japan.
Performance of the Japanese Auto industry.
The company's shares are up 5.7% from a week ago.
Risk Analysis
Be aware that Yamaha Motor is showing 2 warning signs in our investment analysis that you should know about...
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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 TSE:7272
Yamaha Motor
Engages in the land mobility, marine products, robotics, financial services, and others businesses in Japan, North America, Europe, Asia, and internationally.
Good value with adequate balance sheet and pays a dividend.
