Hosokawa Micron Second Quarter 2024 Earnings: EPS: JP¥81.88 (vs JP¥88.93 in 2Q 2023)

Hosokawa Micron (TSE:6277) Second Quarter 2024 Results

Key Financial Results

• Revenue: JP¥21.2b (up 13% from 2Q 2023).
• Net income: JP¥1.23b (down 14% from 2Q 2023).
• Profit margin: 5.8% (down from 7.6% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: JP¥81.88 (down from JP¥88.93 in 2Q 2023).

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

Hosokawa Micron Earnings Insights

Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan.

Performance of the Japanese Machinery industry.

The company's shares are up 4.2% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Hosokawa Micron you should know about.

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