Japan Steel Works Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag
Japan Steel Works (TSE:5631) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥252.5b (up 5.8% from FY 2023).
- Net income: JP¥14.3b (up 19% from FY 2023).
- Profit margin: 5.7% (up from 5.0% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: JP¥194 (up from JP¥163 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Japan Steel Works EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) exceeded analyst estimates by 4.6%.
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan.
Performance of the Japanese Machinery industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Japan Steel Works that you need to take into consideration.
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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.
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About TSE:5631
Japan Steel Works
Engages in the provision of industrial machinery products, and material and engineering business in Japan and internationally.
Flawless balance sheet with solid track record.
