Taisei Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Taisei (TSE:1801) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥1.77t (up 7.4% from FY 2023).
• Net income: JP¥40.3b (down 14% from FY 2023).
• Profit margin: 2.3% (down from 2.9% in FY 2023).
• EPS: JP¥216 (down from JP¥241 in FY 2023).

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

Taisei Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates by 7.9%.

Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Construction industry in Japan.

Performance of the Japanese Construction industry.

The company's shares are up 2.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Taisei that you need to take into consideration.

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