West Holdings Full Year 2024 Earnings: Misses Expectations

West Holdings (TSE:1407) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥50.4b (up 15% from FY 2023).
• Net income: JP¥6.76b (up 12% from FY 2023).
• Profit margin: 13% (in line with FY 2023).
• EPS: JP¥167 (up from JP¥148 in FY 2023).

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

West Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) also missed analyst estimates by 6.8%.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Construction industry in Japan.

Performance of the Japanese Construction industry.

The company's shares are down 24% from a week ago.

Risk Analysis

Be aware that West Holdings is showing 4 warning signs in our investment analysis and 2 of those can't be ignored...

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